HMRC Admin 25 Response
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RE: Left UK 20 years, still getting taxed ....
Hi DeviSK,
We would need to access your record to review the penaty charges.
You will need to contact HMRC direct.
There is the option to webchat:
Self Assessment: general enquiries
When you open the link if you click on Ask HMRC online we will check if a webchat adviser is available to chat.
Thank you.
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RE: HMRC Estimated Income
Hi Robert Foster,
Your tax code can only be updated once the State Pension starts.
We will be advised by the department of Works and Pensions when your State Pension is put into payment and at that time your tax code will be amended.
Thank you.
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RE: UK Tax on Australian Superannuation
Hi Bill Wood,
No, pease read the guidance at RDR3
RDR3 Statutory Residence Test
And take the statutory residence tests.
If you are considered resident in the UK for the whole tax year, you will then need to consider whether split year treatment applies.
If split year treatment applies, you complete a Self Assessment tax return (SA100) and claim this on SA109.
You would declare your world-wide income arising in the tax year after your arrive in the UK.
If you are tax resident for the whole tax and split year treatment does not apply, you declare your world-wide income for the whole tax year and claim a tax credit f or up to 100% of the foreign tax paid on your income.
Thank you.
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RE:Tax relief on pension contributions
Hi Proton,
Your calculation appears correct, to apply for tax relief over £10,000, please writie to HMRC here:
Pay As You Earn and Self Assessment,
HM Revenue and Customs, BX9 1AS,
Providing evidence of the exact payments made.
Thank you.
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RE:Tax relief on pension contributions - 2 jobs but making APCs via one scheme
Hi Tortilla,
You can get tax relief on private pension contributions worth up to 100% of your annual earnings.
While there is no limit on the amount of pension contributions you can pay, you will not get tax relief on all your contributions if you pay more than your taxable pay into your pension in a tax year.
Also, there is a limit on the amount of extra pension you can buy in the LGPS by paying additional pension contributions.
The most you can currently buy is £7,579 of extra yearly pension.
The annual allowance of £60,000 is the amount your pension savings can increase by in a year without you having to pay extra tax.
If your savings increase by more than the annual allowance, you will have to pay tax on the excess.
You can find more information via the LGPS website here:
Tax
Thank you.
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RE:Reporting CGT as an executor
Hi DL,
As you have sold the property as part of the estate, it needs to be reported as the estate income.
Tt is not personal income so the SA100 is not appropriate as this is a personal tax return
Dealing with the estate of someone who's died
If you only registered for Self Assessment to report this estate sale then you should request it be cancelled.
Thank you. -
RE:Pre letting costs : Allowable as Revenue Expense deductions or Not?
Hi Michael Howell,
The answer is yes.
Any repairs to bring the kitchen up to an acceptable standard to rent it out would be allowable.
Any improvements to the property that are capital expenditure in nature maybe offset against Capital Gains Tax when the property is sold.
Thank you.
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RE:Question about property rider and tax
Hi AW1991 W,
It appears that this is to do with the sale of the property.
The Income From Property forum is not the correct place to discuss.
We suggest you you contact the helplne on 0300 200 3310 to get a more detailed response.
Self Assessment: general enquiries
Thank you. -
RE:Rental Income - Communal Costs set against rental income
Hi Daniel Moran,
No relief is due for those expenses because the repairs being undertaken are not repairs to the let property itself.
Thank you. -
RE:Rental Income and Cost of Finance Reduction Split With Spouse
Hi Armen,
Where a property is owned jointly by a husband and wife income, expenses are treated as being split on a 50/50 basis unless a declaration is made on Form 17.
That split should be on a percentage basis other than 50/50.
Such a declaration must be accompanied by evidence, such as a Deed of Trust, that the property is owned on that basis, please see following link for details of Form 17.
Declare beneficial interests in joint property and income
Thank you.