HMRC Admin 25 Response

Hi Neil Lowden,
The P85 doesn't give the NT code for a pension.
You will need to submit a double taxation relief claim.
Tax on your UK income if you live abroad
Thank you. 

Hi evawan88,
As a non resident landlord you cannot file online as you need to complete the residence section which is not supported.
You will need to file by paper or purchase 3rd party software:
Please see guidance here:
Tax on your UK income if you live abroad
Thank you. 

 

Hi CheMey,
Please refer to the individual pages within:
CG15150P - Capital Gains manual: introduction and computation: computation: expenditure: contents
Thank you. 
 

Hi VinayD17z,
Yes, CGT will be due as they have already vested.
Thank you. 

Hi CheMey,
It is only Income Tax/Capital Gains Tax that you can claim Foreign Credit Relief against:
Relief for Foreign Tax Paid 2023 (HS263)
Thank you. 
 

Hi PaulaHelena2024,
Yes, you will include the interest on the foreign section of your tax return.
You can claim Foreign Tax Credit Relief for the tax paid to reduce any UK tax liability.
The transfer of the actual capital is not taxable.
Thank you. 
 

Hi Victor Victor,
Form17 is only for married couples/civil partnerships so this is not applicable to you.
Thank you. 
 

Hi malin7,
It will be taxable.
Please see guidance here:
Tax on foreign income
Thank you. 

Hi kc ng,
Sorry, no.
The banks normally give HMRC details of interest received. but you can send in details yourself for your record to be updated quicker.
Thank you. 

 

Hi YMC,
Yes, you can attach a spreadsheet to show your figures. this will need to be attached as a pdf document.
Thank you.