HMRC Admin 25 Response

Hi germanchany,
If tax has been paid abroad then yes you need the SA106 to claim the Foreign Tax Credit Relief.
You also show the interest on the foreign section of the tax return. 
Thank you. 

Hi Daniel Curry,
No, the SIPP is money back into your pension so is classed as growth and income from an ISA doesnt need to be declared as its not taxable.
Thank you. 


 

Hi john2938,
You can expect a repy by 6 March 2024. as the claim was sent in prior to 5/4/24.
The 2019/20 year would still be reviewed even if there was a delay in HMRC processing it after 6/4/24.
Thank you. 

Hi Matthew Ronda,
Please refer to guidance here:
Paying tax on the remittance basis (Self Assessment helpsheet HS264)
Thank you. 

Hi MummyTown,
As you are not resident in the United Kingdom in the tax year that you generated the self employment income, it is not taxable in the UK.
You do not need to declare the self employment income in the UK.
You should be declaring the self employment income in the USA, as foreign self employment income and paying the tax to the IRS.
You will need to amend the tax return you have submitted to the UK.
For a more detailed reply, you would need to contact our Self Assesment helpline. 
Self Assessment: general enquiries
Thank you. 

Hi auellen,
No,this is a redundancy payment arising from your employment in Hong Kong, when you were resident in Hong Kong.
Any tax payable on it is paid in Hong Kong.
You can include it in the additional information box, for information only, in the interests of full disclosure.
Thank you. 

Hi MikePre,
Both of these criteria need to be met for payments on account to be introduced.
An underpayment of more than £1000 and less than 80% of the underpayment can be collected automatically.
You are paying the current years tax in advance of the end of the tax year.
(employees do it with the tax on their monthly salaries).
Thank you. 

Hi mkcchan,
Thank you for your further question.
The rental income received from the car park space would still fall within the residential ruling.
However, due to the fact that the guidance previously supplied came from the Stamp Duty Land Tax Manual we  are unable to give you a definite  answer to your question within this general income from property forum.
We would suggest that you contact HMRC seperately for full clarification. 
Self Assessment: general enquiries
Thank you. 

 

Hi Brian Johnston,
We are unable to review personal matters in this forum.
For an answer to a personal question of this nature, you would need to contact our Self Assesment helpline:
Self Assessment: general enquiries
Thank you. 

Hi Karen,
Yes, it should be declared in a Self Assessment tax return.
Thank you.