HMRC Admin 25 Response

Hi simonh1315,
As your wife is in receipt of Child Benefit and your income is now over £50,000 and you are the higher earner then the Higher Income Child Benefit Charge, HICBC, will apply.
You will need to register for Self Assessment and submit a tax return to calculate any balancing payment due:
Register for Self Assessment if you are not self-employed
Thank you. 

Hi Akhilesh,
You can tell HMRC you’re leaving through your tax return, if you still have one outstanding.
Complete the ‘resident’ section (form SA109) and send it by post.
If you've already told us that you've left the country, your record is most likely already closed, but please contact us by webchat or post here:
Self Assessment: general enquiries
To confirm this, and also to allow us to advise on any income you may still be due to pay UK tax on.
Thank you. 

Hi Rainbow485,
If you're unable to add Self Assessment functionality as described, there may be an issue with your Personal Tax Account.
Please contact our Online Services by webchat or phone here:
Technical support with HMRC online services
We can then assist you in updating your account.
Thank you. 
 

Hi alfo926,
If you are below the threshold then it's non taxable and you do not need to include.
if you went above the £7500 threshold then you would need to include the taxable profit. 
Thank you. 

Hi richh,
Sorry for adjusted net income if you pay into a registered pension scheme from your net pay the pension provider claims 20% relief.
If you are a higher/additional rate tax payer your income would be reduced by the grossed up pension with 20/25% relief.
This is the case as you are only entitled to releif on the the remaining 20/25%. 
Thank you. 
 

Hi Sid2,
The figure of untaxed interest that we apply to your current year tax code is based on the total amount of untaxed interest you received in the previous tax year.
This amount is confirmed by your banks and building societies, and generally found to be the best indicator of what you would expect to receive from these banks and building societies in the current year.
If you would like to change the amount in your current year code contact us by webchat or phone here:
Income Tax: general enquiries
With the predicted amount of untaxed interest and account details for each account you would like to update.
Thank you. 
 

Hi SDTaxman,
As long as they are business expenes and you are checking all receipts, there is to tax liability and you do not need to apply for exemption. 
Thank you. 

 

Hi RV2024
You are correct.
Section 5.2 of the following link for reverse charge services abroad confirms:
5. Reverse charge
And section 7.7 of the following link confirms for domestic reverse charge:
Domestic reverse charge procedure (VAT Notice 735).
Thank you. 

Hi Marekcrypto,
You will need to report the capital gain to HMRC in the first instance.
Only when the capital gain liability exists on our CG service, will you be able to contact HMRC to discuss time to pay on 0300 200 3844 (an agent or 3rd party cannot do this for you).
There is no guarantee that a time to pay arrangement will be accepted.
You should work out a payment proposal plan and have this ready to discuss with the debt management adviser.
If you want to set up a direct debit to pay the payment plan, you will need a UK bank account.
Interest will continue to accrue on tax owed on a daily basis, from the due date until your payment in full.
You may be charged penalties for late payments.
Thank you. 


 

Hi Mariner2574 Duffin,
There may be UK Capital Gains Tax to pay on the disposal of the land.
You will need to obtain the probate value of the land at the time you inherited, to work out if there is a gain.
As you are not UK resident, you will need to download and submit a completed report, within 60 days of the disposal.
The capital gains return can be found at:
Report Capital Gains Tax on UK property.
Please also have a look at:
Tax when you sell property
If this is commercial land, then you will need to report this in a Self Assessment tax return.
You will not be able to do this online.
Paper tax returns and supplementary pages can be found at:
Self Assessment tax return forms
Thank you.