HMRC Admin 25 Response

Hi mathoo,
As UK resident and domicile, you will declare this as self employment on your tax return.
You will also show it on the foreign section of the tax return in order to claim Foreign Tax Credit Relief for the tax paid.
This relief cannot exceed the UK tax that is due on the same source of income and as such, the full 30% is not allowed.
You would therefore need to claim any excess back from the Indian tax authorities.
Thank you. 

 

Hi John B54,
If your turnover is over £1000 per tax year you will need to declare this.
You can only claim actual expenses for the items you are selling if you have receipts for all of them.
Otherwise it would be the trading allowance of £1000 that would be allowable and anything above this would be liable to tax.
Thnak you. 

 

Hi Grey88,
Guidance is available here:
Lifetime ISA
Thank you. 

 

Hi RiBar,
We would need more details to help with your enquiry or you can contact HMRC for advise:
Income Tax: general enquiries
Thank you. 

Hi Martin Nike,
You will need to contact HMRC to review/update your tax code:
Income Tax: general enquiries
Thank you. 
 

Hi paul Mcman,
If you are entitled to the Child Benefit claim for only part of the tax year and your income is above the £50K threshold you would only pay the Higher Income Child Benefit charge on the apportioned amount of Child Benefit received. 
Thank you. 

 

Hi Joseph Ogunbiyi,
Yes, this would be acceptable.
Thank you. 

 

Hi Marlene Connollyowen,
Your employer may now have updated your record with the correct pay and tax information.
Please contact us by webchat or phone here:
Income Tax: general enquiries
We can review your record, and give further advice if this update is still not present on your record.
Thank you. 

Hi Greenmoney,
You will need to contact HMRC to review your tax code:
Income Tax: general enquiries
Thank you. 

Hi SBUK,
If you have a temporary National Insurance number HMRC will be advised of the correct number by our National Insurance team and we will update your record accordingly. 
Thank you.