HMRC Admin 25 Response

Hi Nightingale23,
Yes you can still only put in 20k in total in the one tax year though no matter how many accounts you have.
Thank you. 

Hi NettH,
Please refer to guidance here:
Trusts and Capital Gains: work out your tax.
Thank you. 

Hi WL0815,
A vesting date is a date when an individual becomes entitled to the full value or benefits of a particular asset or plan.
If the vlaue has now increased, you will need to report this as a capital gain.
Thank you. 

Hi andy123 D,
No, the charge is based on your total income and in your case you are liable at 40%
Thank you. 

Hi Vidyadhar,
Please refer to:
Self Assessment tax returns
Thank you. 

Hi lance,
If you are moving it to another ISA then no.
Thank you. 

Hi Laxi  2210,
For assistance you would need to contact out online:
Technical support with HMRC online services
Thank you. 

Hi cephalopodsquid,
For the 2023/24 tax year the threshold changed from £100K to £150K for Self Assessment criteria.
You can check if you meet the criteria here:
Check if you need to send a Self Assessment tax return
Thank you. 

Hi John,
Please refer to guidance here:
Tax on your UK income if you live abroad
Thank you.


 

Hi Nigel Hoare,
If you are a director which we are  assuming you are you can choose a non cummulative or cummulative calculation for NI.
If you are on the directors method which is cummulative then you will not pay NI until your income exceeds the yearly threshold.
Please see this guidance to provide details of the two methods. 
National Insurance for company directors
Thank you.