HMRC Admin 25 Response

Hi IevaOx,
To update your surname on our records, contact us by webchat, phone or post here:
Income Tax: general enquiries
Thank you. 
 

Hi Akaay72,
As it is over the £10,000 threshold, you will now need to register for Self Assessment to declare this income.
Gains on UK life insurance policies (Self Assessment helpsheet HS320)
Thank you. 
 

Hi Ryan Davies,
You will need to register as self employed for your new business.
At the tax year end you will receive your notice to file your Self Assessment tax return to declare the details. 
Thank you. 

 

Hi French Toast,
Please refer to:
Self Assessment tax returns
Thank you. 

 

Hi csy1989,
HMRC cannot advise you on your residence as this is for you to determine based on the guidance available.
Please refer to:
RDRM12000 - Residence: The SRT: Split year treatment: Contents
If you qualify for split year then you only report any foreign income for the UK part of the year:
RDRM12000 - Residence: The SRT: Split year treatment: Contents
If you do not qualify then you will need to report all your foreign income to the UK:
Tax on foreign income
The guidance at RDRM12150 at www.gov.uk will help you work out if split year treatment applies. 
Thank you. 


 

 

Hi peter hanbidge,
Please refer to guidance here:
Overseas pensions: pension transfers
PTM102500 - Transfers: transfers to a QROPS: calculating the amount of the overseas transfer charge
Thank you. 

 

Hi njc23,
For Capital Gains Tax, you need to set up a new account.
Report and pay your Capital Gains Tax
You will both need to set up an account to declare your share.
Thank you. 

Hi Anna Smith,
As £20,000 is the maximum you can contribute in any one tax year, as you have in put this into a cash ISA already.
You cannot contribute any more to any type of ISA until after 06/04/24.
Thank you. 

Hi ABN,
If the estimate is an in year adjustement then it would be nil at that section as not an estimate from an earlier tax year. 
Thank you. 

Hi sssudobu,
Sorry, no you cannot claim this as an expense. 
Thank you.