HMRC Admin 25 Response

Hi AlisonCollins2108,
Please contact us on 0300 200 3200 to discuss your case in more detail as we are unable to access your records to investigate on this forum.
Thank you. 
 

Hi paul307130,
Please see:
EIM21691 - Particular benefits: annual parties and other social functions: examples
Which shows that it is calculated on employees "attending" which would mean it would be those who actually attend.
Thank you. 

Hi Donna Lawrence,
Generally the other colleague would have to report this to their tax authority as if they were a business, this way you would receive a receipt/invoice for the costs.
If this doesnt happen then this most likely would not be covered within a scale rate.
Thank you. 

 

Hi owensteam,
Please contact us on 0300 200 3200 to allow us to investigate this further for you.
Thank you. 

 

Hi emmaleighton,
HMRC cannot advise you of this. you need to make the determination based on the guidance available.
If you need further assistance after reading the guidance, you may wish to contact an outside specialist.
Thank you. 

 

Hi Ira Fagin
HMRC cannot comment on future events as legislation and/or plans may change.
There is also a number of other factors that would need to be taken into account and as such you should contact HMRC direct.
Thank you. 

Hi Chris,
There is a capital gains calculator here:
Tax when you sell property
If the disposal value is less than the allowable costs results in a negative figure, then there is a loss.
Private Residence Relief is not required.
Where the opposite occurs and their is a gain, then Private Residence Relief is deducted from the gain, to a point where there a reduced gain or no more gain.
Private Residence Relief cannot reduce the gain to result in a loss.
It can only ever reduce the gain to £0.00.
Have a look at the guidance on private residence relief.
Thank you. 

 

Hi ilk0101,
You take the figures for the tax year 1 Jan to 31 Dec 22 and put into your 22/23 tax return and 1 Jan to 31 Dec 23 into your 23/24 tax return and so on.
There is no need to apportion the US figures to fit the UK financial year.
You claim a credit again the chargeable UK tax, of up to 100% of any overseas tax paid.
HMRC cannot advise you on the tax payable in the USA in a US tax year, for that you will need to contact the IRS.
Any overpayment or underpayment of US tax will need to be addressed by the IRS, which should allow you to declare the correct tax figure in your Self Assessment tax return.
Thank you.


 

Hi simon jackson,
Using the 'arising' basis, you would declare the disposal of the share in the tax year the disposal takes place.
Shares disposed of for more than they were acquired for may result in a capital gains liability.
As the share are foreign shares, you would declare them in the capital gains section of SA108, either in the section for listed or unlisted shares and securities.
If overseas tax is deducted on the disposal, then this tax is declare in the foreign section of the tax return on page F5 of SA106.
When completing the onine tax return, these sections can be found in by ticking yes to a capital gains and to claiming a foreign tax credit, when tailoring your return on page 1 of 3.
Thank you. 


 

Hi Kenneth MacArthur,
We are sorry but at present non residents cannot submit their tax return using HMRC software as a non resident page SA109 is needed.
You can submit the paper tax return or file using 3rd party commercial software:
Self Assessment commercial software suppliers
Thank you.