HMRC Admin 25 Response

Hi Barry Winters,
Legislation is at:
Factsheet: cryptoassets - legislation
Thank you. 

Hi Logan,
This income sounds similar to a UK war pension/armed forces disability pension and is not taxable in the UK.
We cannot comment on future events as legislation and/or plans may change.
Thank you. 

Hi MaltyMany,
From the limited information it would appear that the dividends are not part of the inheritance as you state all cash was distributed.
You would therefore need to declare the dividends received.
Should further advice be required, you should contact us direct on 0300 200 3310 as more information is required.
Thank you. 

Hi Samantha Hayward,
No, the initial purchase is in your name only.
If you had submitted an declaration of beneficial ownership to show an alternative split at the time, this could have been done but it cannot be applied retrospectively.
Thank you. 

Hi 1970sDad,
No, as you would have been charged this based on the limits of 60k being applicable for those years.
Thank you. 

Hi chris ford,
You are correct in adding 3 years of £4000 to the threshold of £60000.
Your earnings in 23/24 would need to be £60000 or more.
Thank you. 

Hi gorwai88,
It would be the discount applied to the purchase of a flight.
Thank you. 

Hi hip007,
You can nominate an address to have correspondence sent to that can be opened on your behalf.
You need to do this in writing and send it to:
MRC PAYE & Self Assessment BX9 1AS.
Thank you. 

Hi Glorfindel Sindar,
Please refer to guidance here:
Paying tax on the remittance basis (Self Assessment helpsheet HS264)
Thank you. 

Hi street_spirit909,
You are right it doesnt matter.
Thank you.