HMRC Admin 25 Response

Hi Milan Sincic,
Please refer to:
Director's loans
Thank you. 

Hi Jondonphomad,
The advisory fuel rates for company electric cars is 9p per business mile.
If you have a company credit car your employer will decalre the taxable benefit at the tax year end on a form P11d and also provide you with a copy. 
Thank you. 
 

Hi  Marco Bertolini,
Your employer should submit the details to HMRC online.
If no details shown on your personal tax account then we have not received the submission from the employer.
If you contact the employer they can check their online account.
If the employer needs further assistance they can contact HMRC here:
Employers: general enquiries
Thank you. 

Hi natalia hoidenko,
If you are entering the correct details, if you click on get help with this page for assistance or contact our Online helpdesk.
https://www.gov.uk/government/organisations/hm-revenue-customs/contact/online-services-helpdesk.
Alternatively you can contact HMRC to review:
Self Assessment: general enquiries
Thank you. 

Hi NMM,
Yes, if you reach the higher rate tax band then the personal savings allowance is reduced to £500.
The banks do submit the interest details to HMRC at the tax year end and once we review if you have underpaid this will be collected in the following tax years code.
If you want to pay the underpayment instead you contact HMRC once the calculation is received we can advise of your options.
Income Tax: general enquiries
Thank you.

Hi amka,
As you already have a UTR and a live Self Assessment record you do not need to register for Self Assessment instead you would enrol to file your tax return online.
To do this go to:
HMRC online services: sign in or set up an account
Click 'add SA' and then use your UTR number with your NINO or post code to enrol.
This will trigger the issue of an activation code.
You will receive the activation code within 10 days (21 days if abroad).
Use your activation code here:
HMRC online services: sign in or set up an account
You can then access SA via your PTA landing page.
Thank you. 
 

Hi NSilva,
If the interest is less than £10,000 then you do not need to submit a Self Assessment for your savings interest.
At the tax year end the bank/building societies will submit the interest details to HMRC and we will review the tax year.
If underpaid we will issue a calculation, P800, to you. 
Thank you. 

Hi mpamia,
On the P85 if your only UK income is bank interest then this is what you would declare.
On the P85 it asks for your bank details to send any repayment due to. 
Thank you. 

 

Hi Duane Hardy,
Amortisation is not an allowable expense for UK.
Please see on what is allowable
PIM2068 - Deductions: main types of expense: contents
Thank you. 
 

Hi Bunty,
You can claim the amount you paid towards your membership in the given tax year.
So for 22/23, if you started paying towards your membership in December 2022, you can claim for the the amounts paid towards the membership from December 2022 to March 2023.
Thank you.