HMRC Admin 25 Response

Hi londa123,
We cannot advise you how much tax is payable in this forum.
We can only provide general information and guidance.
For an answer to this question, you would need to seek the advice of an accountant or other financial professional.
Thank you. 

 

Hi HT R,
Where the RSU is a foreign stock unit.
Tax is paid in the overseas country of the stock unit when it is vested, which allows you to claim this as a credit against UK tax, to avoid paying the same tax twice (double taxation).
Thank you. 

 

Hi ForeignIntern,
Aaccording to DT19851, state taxes are not mentioned as being allowable for California -                                                                                                                                                                                                                                                                                                                                              California
Admissible
Corporation income tax
Personal income tax
Insurance companies tax on marine insurance companies bank and corporation franchise tax.
This tax is charged on a ‘unitary’ or world-wide combined reporting basis.                                                                                                                                                                                                                                                                                                                                                                           Not mentioned, you cannot claim FTCR for state taxes.
Thank you. 

 

Hi Gishan Don Ranasinghe,
You declare the dividends in the tax year that you receive them.
Dividends paid by your company Feb to Feb, should be declared in the tax year that you received them.
Eg. Feb 2020 to Feb 2021 should be declared in 2020 to 2021 Tax return.
You can amend your 21/22 tax return up to 31 January 2024, after which you will need to submit an overpayment relief claim,(OPR) using the format shown here:
SACM12150 - Overpayment relief: Form of claims.
After 6 April 2024, it will be to late to claim OPR for 2019 to 2020.
Thank you. 

 

Hi James Billings,
You may already have paid the amount due through your Payment on Account payments, resulting in the overpayment stated.
To give you an accurate explanation, please contact us by webchat or phone here:
Self Assessment: general enquiries
Thank you. 

 

Hi Sarah Khan,
To confirm if and how you can make the payment requested, we would need to confirm some details regarding the underpayment.
Please contact us by webchat or post here:
Self Assessment: general enquiries
We can confirm your options.
Thank you. 
 

Hi Sarah Khan,
You may already have paid the amount due via your Payments on Account.
These are payments made in advance of you filing your return.
Please contact us by webchat or phone here:
Self Assessment: general enquiries 
We can confirm if any amount remains due.
Thank you. 
 

Hi Maltings123,
We are sorry to hear that you've had issues receiving your repayments.
Please contact us by phone or webchat here:
Self Assessment: general enquiries
We can organise to have these cheques reissued to you.
Thank you, 

 

Hi DmHo,
Although you've checked that the details you've input for your husband match his own, they may be different to the details we have on his record. Please contact us by phone here:
Self Assessment: general enquiries
With your husband present.
We can advise you on applying the transfer.
Alternatively, file your return without the transfer of marriage allowance, then write to us at the address given at the above link, requesting the transfer be applied.
Thank you. 

 

Hi Char15,
Please have a look at the guidance here on making regular payments:
Rules on giving gifts
The guidance advises,
'There’s no limit to how much you can give tax free to another person, for example to help with their living costs, as long as (1) you can afford the payments after meeting your usual living costs and (2) you pay from your regular monthly income'.
The guidance does not stipulate what the gift must be used for.
Thank you.