HMRC Admin 25 Response
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RE:Page 2023/24 Tax year not showing
Hi
You will need to contact HMRC to check what details are held for that tax year:
Income Tax: general enquiries
Thank you. -
RE:Income tax & NIC on bonus shares and leaving allowances - non resident
Hi Jacob Terpstra,
You can file online if you purchase commerical software or you can file a paper tax return
Please see guidance here:
Tax on your UK income if you live abroad
Thank you. -
RE:Paying Both Self-Employed NI & Employed NI At The Same Time For Parts Of Every Year
Hi Callum,
Where an individual who is self employed and employed in the same tax year, Class 1NIC on employment income is calculated first, followed by Class 4, taking into account lass 1 NIC already paid.
Where you have paid too much NIC, you will need to seek repayment via the NIC helpline at 0300 200 3500 (Monday to Friday: 8am to 6pm Closed on Saturdays, Sundays and Bank Holidays).
More information can be found at:
National Insurance: detailed information
Thank you.
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RE: Unit Trust Capital Gains calculation
Hi Andrew Jackson,
You would appear to be seeking the value of the unit trusts at the date you acquired them and whether there were any cost incurred in acquiring the unit trusts.
There is no specific phrase, but you may wish to use 'acquisition value'.
Thank you. -
RE:How did I know I have to?
Hi Deb Polloms,
The onus would be on you to ensure that your tax affairs are up to date and correct.
The easiest way to do this is contact HMRC to advise them that you are returning to the UK to live and advise whether you will have pensions or other income from the USA.
Any income / capital gains, arising outside of the UK, in tax years where you were not UK resident, will not be taxable, if brough to the UK. Any interest or capital gains arising from the investments and savings arising in the tax year you return to the UK, may be taxable.
You can contact HMRC via our Self Assesment helpline on 0300 200 3310, contact our webchat facility here:
Contact HMRC
Or write to HMRC at:
H.M. Revenue and Customs Self Assessment BX9 1AS.
Thank you.
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RE:Foreign Currency involved - How to report business tax without an accountant.
Hi WL,
There is no other option but to seek professional assistance either by getting the relevant third party software or employing an accountant or agent.
Thank you.
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RE: Sending money from abroad to UK account
Hi Shelly Cunliffe,
You will need to contact the Trust hepline on 0300 123 1072 to clarify.
Thank you, -
RE:National Insurance contributions in EEA previous to Brexit
Hi Caroonte,
Thank you for your enquiry.
HMRC are unable to answer queries relating to State Pension.
Please contact the International Pension Centre on 0191 218 7777. Lines are open Monday to Friday, from 8am to 6pm.
Thank you.
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RE:Owed Tax for 23/24 exceeds £3K but will be taken back through PAYE?
Hi PooMcGoo90,
To answer your query, we would need to confirm exactly why your tax code has been adjusted.
Please contact us by webchat or phone here:
Income Tax: general enquiries
To allow us to do this.
Thank you.
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RE: Anglo German inheritence : Taxation
Hi uk_resident,
As this is a German estate, inheritance tax would only be payable by the German estate in the UK If the deceased had UK based assets that exceeded the UK inheritance tax thresholds.
If you now receive an income from overseas property, then as a UK resident, it is taxable in the UK.
You would be required to complete a Self Assessment tax return, to report any foreign income you receive and claim tax relief of up to 100% of any foreign tax you have to pay on that income.
Thank you.