HMRC Admin 25 Response

Hi Seeking Help,
If your employer has incorrectly overpaid you, and this will have an impact on your tax-free childcare, they should be doing everything they can to help you resolve this issue.
Please ask them to contact us via the Employer's helpline on 0300 200 3200 so we can advise them further on how to rectify this for you.
Employers: general enquiries
Thank you. 

Hi Declan Malone,
We are sorry to hear that you've received overdue notices when a repayment plan is in place.
If you'd like to discuss your plan again, or to confirm that the plan has been allocated to your outstanding amount, please contact us by webchat or phone here:
Self Assessment: general enquiries
Thank you. 

Hi CumbrianExile d,
If your only income is State Pension and interest and if this is less than £17570 then you will receive the starter rate of £5000.
Please see guidance here:
Tax on savings interest
Thank you. 

Hi rstubbs10,
As this property was you main residence, you can claim Private Residence Relief for the number of months that the property was your main residence.
Please also add a further 9 months to this figure.
You should then work out the number of months that you owned the property.
This will give you the fraction number of months main residence over the number of months owned.
Please have a look at the guidance here:
HS283 Private Residence Relief (2024) As you are married, the default split on jointly owned property is 50/50.
There is a calculator here:
Tax when you sell property
To help you both work out your capital gains.
You can also create a capital gain account each and report and pay your Capital Gains Tax liability.
Please note that you have 60 days from the completion date to report and pay your Capital Gains Tax.
Thank you. 

 

Hi Swiss Resident,
The phrase "regular payments at regular intervals" is meant to cover the various frequencies of consistent payments that may occur, such as weekly, monthly, quarterly etc, over a long period of time.
Drawdowns is the choice of taking a lump sum out of the pension pot.
It is not a regular payment at regular intervals.
As the UK / Switzerland tax treaty does not mention lump sums, any lump sum withdrawal, will be liable to tax in the UK. 
Thank you. 

Hi TK2562,
There is no uncertainty here.
480 Chapter 10 definitively states the expense only extends to a spouse.
This is supported by
Tax rules on other types of travel and related expenses (490: Chapter 8)
There is no mention in either of those 2 pieces of guidance that states it can be extended to a child or other family member.
The customer is only entitled to claim travel expenses for the spouse if they are accompanying them for practical purposes directly associated with the purpose of the trip.
If they are just accompanying them so as not to be separated, they cannot claim the expense.
This would be so for a child or other family member accompanying them on the trip.
There are special rules for when the employee travels abroad for more than 60 days at a time where a child can visit up to twice during that period.
The rules can be found at
Special tax rules on foreign travel (490: Chapter 7),
Please see section 7.6
But that does not appear to apply here.
Thank you. 

Hi Joana Silva,
You tailor your online tax return to show you now have self employed income.
Thank you. 

Hi M Mac,
The tax codes for 2024/25 for the Higher Income Child Benefit Charge are being updated during the month of April with the increase in the threshold.
If the increased threshold affects your charge then yes you will receive a new code. 
Thank you. 

 

Hi Jade Wong,
You opened a cash ISA on 28/03/23 (22/23 tax year) 10/05/23 (23/24) & 23/03/24 (23/24).
As you have opened two cash ISAs in the same tax year, you will need to close one of them.
You should discuss this with your ISA providers.
Any interest arising from the closed ISA, will be taxable and should be declared to HMRC.
Individual Savings Accounts (ISAs).
Thank you. 
 

Hi psingh01,
The default split for spouses and civil partners for jointly owned property is 50/50.
To elect to change this to the unequal split as tennants in common, will require the completion of form 17, declaring the change.
Please note that the completed form and deed of trust, must be in HMRC possession within 60 days of form 17 beings signed.
Late submission will always be rejected and a new submission will be required.
Declare beneficial interests in joint property and income
Thank you.