HMRC Admin 25 Response

Hi HR25,
It is likey that your tax free income allowance, was used up by your employment, leaving your self employment profit still to be taxed.
You would need to contact our Self Assesment helpline or contact our webchat facility to get a more personal explanation:
Self Assessment: general enquiries
Thank you. 

Hi Chris Wong,
Article 18 of the UK / Hong Kong tax treaty advises that salaries, wages and other similiar remunerations paid by the Government of Hong Kong, shall be taxable only in Hong Kong.
UK/HONG KONG DOUBLE TAXATION AGREEMENT AND PROTOCOL
This means that your civil service employment and civil service pension are not taxable in the UK.
They will continue to be taxable in Hong Kong, even when you are resident in the UK.
You would only show them in the free hand notes box of the tax return, so that you are declaring the pension in the interest of full disclosure.
Thank you. 

Hi Andrew Doyle,
No there is no restrition.
All carried forward losses can be utilised.  
Please see here:
Carry forward a trading loss
Thank you. 

Hi Hideharu Watanabe,
Our contact number for callers outside the UK is +44 151 268 0571.
Alternatively, you can write to us at Corporation Tax Services, HM Revenue and Customs, BX9 1AX.
Thank you. 


 

Hi 
The information that you have provided agrees with HMRC guidance here:
BIM46035 and BIM47105. 
Thank you. 

 

Hi Rich Clough,
You will need to contact us to request a tax refund. 
Our contact details can be found here:
Corporation Tax: general enquiries
Thank you. 
 

Hi Madkul,
If you need assistance using HMRC’s filing software, click on the ‘Get Help’ link within the Business Tax Account.
Thank you. 
 

Hi Adarglas,
You can call our helpline on 0300 200 3600 if you’re having problems receiving an activation code for online services.
Technical support with HMRC online services
Thank you. 
 

Hi Andrew Doyle,
Once the time limit to amend a company tax return has expired, the company loses the right of amendment. 
It is too late for the tax assessments for the accounting periods ended 30/11/2018 and 30/11/2019 to be amended to change the figures of trading losses. 
The company may be able to use the additional trading losses against profits of earlier periods by making a claim to overpayment relief.
Please see:
SACM12057 - What the person can claim: Losses
If overpayment relief is not claimed, prior-year adjustments are usually reflected in the latest tax return.
HMRC guidance can be found here:
BIM34020 - Change of basis of computing taxable profits: what are invalid and valid basis?

Hi Brent Sandiford,
Please have a look at the guidance for share reorganisations helpsheet HS285:
Capital Gains Tax, share reorganisations and company takeovers (Self Assessment helpsheet HS285)
and
Capital Gains Tax: share reorganisation, takeover or merger
Thank you.