HMRC Admin 25 Response
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RE:More than 20 disposals
Hi AmiS,
You can attach your own spreadsheet as a pdf document if you wish.
Thank you. -
RE:Split Year Treatment 2022 - 2023
Hi catauuk AU,
As this is so close to the start of the UK tax year, no.
Thank you.
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RE: Exchange Rate for Foreign Income
Hi edmund,
Yes to first part.
You can use any of the monthly rates if this is more beneficial.
Thank you. -
RE:reactivate self assessment
Hi stanleylam12345,
If you've requested closure of your Self Assessment (SA) record, and now need to reactivate your SA record in the same year.
Please contact us by webchat or post via:
Self Assessment: general enquiries
As we may need to confirm some details before reactivation.
Thank you.
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RE:Overseas income
Hi Kevinkk,
No, as you are only here for 1 week and not UK resident.
Thank you. -
RE:Paying tax on savings over £1000
Hi Yvonne Block,
If your savings exceed both the savings allowance of £1000 and any remaining tax free allowances after all of your other income has been covered, then we will calculate any tax owed on these savings.
If the tax owed can't be collected through a later year's tax code, we will contact you to provide alternative ways of paying.
Thank you. -
Re:Self assessment requested repay via PAYE but statement asks for full payment????
Hi adam smith,
We can confirm if your 22/23 amount is due to be paid through your 24/25 code, or if an alternative method of paying the amount is required. Contact us by webchat or phone via and we can review your projected code and Self Assessment statement.
Self Assessment: general enquiries
Thank you.
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RE:Foreign Tax Credit Relief claim
Hi Shirley Fong,
Under the terms of the double taxation treaty, income earned in Hong Kong is only liable there if the work was carried out there.
If the salary you refer to was paid to you after you arrived in the UK, you do not declare it or Claim Foreign Tax Credit Relief.
If the work was carried out in the UK, then yes, you need to declare the relevant income and claim the Foreign Tax Credit Relief.
Thank you. -
RE: Declaring inheritance
Hi Sel379 Lamy,
Inheritance Tax is a tax on the estate (the property, money and possessions) of someone who’s died.
There’s normally no Inheritance Tax to pay if either: the value of your estate is below the £325,000 threshold.
The online tool here:
How to value an estate for Inheritance Tax and report its value,
Will help you work out if there is any inheritance tax liability.
Thank you.
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RE:HICBC self assessment vs PAYE not make sense
Hi Michael Rose,
Apologies for any confusion cuased regarding your child benefit.
For us to provide a full explanation of the amounts calculated as owed and the adjustments to your code, we would need to review your record and earningsand we can give a full explanation:
Please contact us by webchat or phone via:
Self Assessment: general enquiries
Thank you.