HMRC Admin 25 Response

Hi Michael,
Contact us by webchat or phone here:
Self Assessment: general enquiries
We can register you for Self Employment with the correct information.
Thank you. 


 

Hi jj tax,
For 22/23, you will need to submit an amendment in writing and send this to:
HMRC PAYE & Self Assessment
BX9 1AS
Thank you. 

Hi Rustem,
If you received an end-of-year tax refund before you filed a tax return for the same year, enter the amount you received on the page titled 'Tax Refunded or Set Off', in the box 'Income Tax refunded or set off'.
Please note, if you you received your refund during that tax year, through your wage, you do not need to complete this box.
For more advice, contact us by webchat or phone here:
Self Assessment: general enquiries.
Thank you. 

Hi thalliday1985,
We are unable to review personal matters in this forum.
For an answer to a personal question of this nature, you would need to contact our Self Assesment helpline or contact our webchat facility at 
Self Assessment: general enquiries
Thank you. 

Hi Mark Lee,
You can attach a PDF document to show your transactions as a calculation is required to show how you arrived at your figures.
Thank you. 

Hi chappies,
You are correct.
Thank you. 

Hi Puddle Splash,
If the pension contributions are taken from your gross wage then releif would already be given.
If from your net wage then you can claim the additional relief if you are a higher rate tax payer.
If you are not sure if you need to file a Self Assessment you can check if you meet the criteria here:
Check if you need to send a Self Assessment tax return
Thank you, 

Hi Gary,
If the property is bequeathed to the deceased's children in a will and they dispose of the property, they may have Capital Gains Tax to pay.
The capital gain would arise where the disposal value is greater than the probate value and allowable expenses.
Each beneficiary will need to review their potential liability to Capital Gains Tax on their share of the asset.
You can find a Capital Gains Tax calculator here:
Capital Gains Tax
As well as registering for a capital gains account and report and pay any Capital Gains Tax due.
Each beneficiary will need to do this separately.
Thank you. 

Hi WL0815,
If you are resident in the UK when the HK shares vest, you will be liable to pay Income Tax on the vested shares.
If you hold on to them after they have vested and dispose of them for a sum greater than the vested value, then a capital gain arises and this should be declared in a Self Assessment tax return.
Thank you. 

Hi L lyluk2023,
You only need to register as self employed.
You have not set up a limited company, so do not need to register for Corporation Tax
As you do not have any employees, you do not need to register for PAYE for employers.
You can always revisit these option in the future, should you need to take on employees or grow beyond being a sole trader.
Please see here for further help. 
What a sole trader is
Thank you.