HMRC Admin 25 Response

Hi Dical,
No, this is only taxable in Belgium.
Thank you. 

Hi Riga,
This would be Capital Gains Tax.
Thank you. 

Hi Vikee1313,
That is correct.
Thank you.

Hi john fontain,
There is not tax due on the transfer of the capital only on any interest or dividends that this generates would be seen as taxable income. HMRC cannot advise you on how to transfer the funds.
Thank you.

 

Hi cm0805,
Having it amended to show that no tax free interest is due.
You would need to determine yourself which account to close.
Thank you. 

 

Hi LiamB,
That is correct, for further guidance, please refer to:
HS284 Shares and Capital Gains Tax (2022) Updated 6 April 2023
Thank you. 

Hi Smb1968,
The pension company only notify HMRC of the taxable amount and will show th tax deducted on that.
If they have not done this you will need to contact the pension company.
Thank you. 
 

Hi Mor Sai,
Under Article 6 of the double taxation treaty - Income derived by a resident of a Contracting Party from immovable property (including income from agriculture or forestry) situated in the other Contracting Party may be taxed in that other Party.
This confirms it is only taxable in Hong Kong.
Thank you. 

Hi Amea Koziol
If you are ordinary resident in the UK and you are being sent to work overseas by your employer, they will need to review the application process via form CA3821 and as a worker a CA3822 will be required.
Once your own application is received it will be reviewed and we will reply accordingly based on your circumstances and may ask for further information.
If you need assistance with the application forms, you can contact the National Insurance overseas helpline.
Number - 0300 200 3500
Open
Monday to Friday: 8am to 6pm,  Closed on Saturdays, Sundays and Bank Holidays.
Thank you. 



 

Hi Aleqs77,
We would need to review your calculation to check the reason for the balance being due.
It could be if your income was over £100,000 and the tax code used by your employer gave you the full personal allowance then as full personal allowance not due this would cause an underpayment.
For every £2 above the £100,000 threshold it reduces your personal allowance by £1.
If this is not the reason you would need to check the enteries made on your tax return are correct and if so submt the tax return.
If you then allow 3 working days to process to HMRC records and then contact us to review:
Self Assessment: general enquiries
Thank you.