HMRC Admin 25 Response
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RE: When will ai hear after registering
Hi Charlotte Sainsbury,
If you have registered for Self Assessment once set up you will receive a letter with your UTR number.
If you do not receive the letter you can contact HMRC to review:
Self Assessment: general enquiries
Thank you. -
RE: Can pension contributions reduce tax on dividend and savings income ?
Hi Masquedefer Curran,
The pension contribution does not reduce your gross income.
You can find out more here:
Tax on your private pension contributions
Thank you. -
RE: Foreign Income from sale of cryptocurrency - which DTA article?
Hi taxqueries2024,
If you meet the conditions here:
CRYPTO20250 - Cryptoassets for individuals: what is trading
Then it would be business profits.
Thank you.
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RE:CGT on Difficult House Sale of a House purchased in 1983
Hi george swietlik,
You are correct. you can claim Private Resdient Relief for the period you lived in the property to reduce any tax due:
HS283 Private Residence Relief (2024)
Tax when you sell property
Thank you.
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RE: Child benefit self assessment
Hi jay Lockwood,
There may be some other information in your calculation that is increasing the amount you owe.
To allow us to review this for you, please contact us by webchat or phone here:
Self Assessment: general enquiries
Thank you. -
RE: Capital gains and tax liabilities after restructuring of a Company
Hi Thomas Paton,
For more details guidance,please refer to the guidance in the CGT Manual specifically -
CG51700C - Capital Gains Manual: Shares and Securities: Share reorganisations: contents
CG51920 - Reorganisations of share capital: apportioning costs after a bonus issue
Thank you. -
RE:Why does untaxed interest on savings effect tax code
Hi Ian1 Smith,
This is to demonstrate the amount of untaxed interest received.
Should your pension income increase to the point where this coding deduction for untaxed interest starts to cause you to owe tax, the £1000 tax-free Savings Allowance and £5000 Starting Rate for Savings would then automatically be applied.
In short, this reduction in code would not usually cause you to owe more tax.
If you would like us to review your code, though, please contact us by webchat or phone here:
Income Tax: general enquiries
Thank you. -
RE: Self employed but without setting up company
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RE: No need for Self Assessment any more
Hi Tony Hall,
It can take up to 14 working days for letters to be delivered.
Thank you. -
RE:Claiming Travel expenses for Employed Construction work
Hi Tony Hall,
Please see guidance here:
EIM32075 - Travel expenses: travel for necessary attendance: definitions: temporary workplace
Thank you.