HMRC Admin 25 Response

Hi jetset79,
By selling the house you may need to consider any potenatial capital gains that may be due:
Capital Gains Tax: what you pay it on, rates and allowances
The care home costs count as living costs but as you are paying these from the lump sum they are not paid from regular income and you would therefore need to take this into account when cosidering any gifts.
Thank you. 

Hi jack4deakin,
Any refund due will be issued automatically after the end of the tax year when the system reviews your details.
Thank you. 

Hi BPS WONG,
There are no Income Tax implications on the receipt of a cash gift unless the cash gift generates interest or dividends.
These would then potentially be subject to tax.
Further guidance can be found here:
Tax on savings interest
Tax on dividends
Thank you. 

Hi Grub Krinslan,
Yes, you can still do that but relief would only be applied up to the level of your salary.
Thank you. 

Hi Brett Griffiths.
please refer to guidance here:
Pension schemes
Thank you. 

Hi Chris Wu,
 Sorry, HMRC cannot comment on future events as legislation may change.
Based on current guidance the income would be reported within a Self Assessment tax return as self employment and taxed at basic rate which is currently 20%
Thank you. 

Hi kitis123,
He may also have a gain as from the orignal query raised you state no residence nomination was submitted.
He would need to contact us direct himself if he wanted more information.
Thank you. 

Hi DeltaCharlie,
Capital gains is due in the country you are resident at when the item is sold.
Thank you. 

Hi Jaime Stewart,
Please refer to guidance here:
Pension schemes
Thank you. 

Hi matthew hui.
Please refer to guidance here:
Set up as self-employed (a 'sole trader'): step by step
Thank you.