HMRC Admin 25 Response

Hi Rick,
You are correct.
Thank you. 

Hi Ying He,
No, it needs to be declared in the tax year it was paid.
The interest paid April 8-11 will be declared in the tax year 24/25.
Thank you. 

Hi Ying He,
Yes, Self Assessment tax returns are needed.
Please see:
Tax on your UK income if you live abroad
Thank you. 
 

Hi Queenie To,
HMRC cannot advise you on whether to apply for this or not as your residence is for you to determine.
If you qualify for split year then you only report any foreign income for the UK part of the year.
HMRC cannot advise you on whether to apply for this or not as your residence is for you to determine.
If you qualify for split year then you only report any foreign income for the UK part of the year:
RDRM12000 - Residence: The SRT: Split year treatment: Contents
If you do not qualify then you will need to report all your foreign income to the UK:
Tax on foreign income
The guidance at:
RDRM12150 - Residence: The SRT: Split year treatment: Case 4: Starting to have a home in the UK only
Will help you work out if split year treatment applies.  
Thank you. 

 

 
 

Hi Dubbly,
Please refer to guidance here:
Tax on your private pension contributions
Thank you. 

Hi David,
Please refer to:
Self Assessment tax returns
Thank you. 

Hi khanrizz.rk,
You will need to report them in writing prior to the submission of the 24/25 tax return.
This should be sent to:
HMRC PAYE & Self Assessment BX9 1AS.
Thank you. 

Hi Ianw4,
Please refer to:
HS321 Gains on foreign life insurance policies (2024)
Thank you. 

Hi Glen,
HMRC cannot comment on future events as legislation and/or plans may change.
Thank you. 

 

Hi Bedbear66,
Please refer to guidance here:
How Inheritance Tax works: thresholds, rules and allowances
Thank you