HMRC Admin 25 Response

Hi FR,
Yes  The income is included in your P60, but you paid tax on them in the US.
You can claim a tax credit for up to 100% of the overseas tax paid, so that there is no double taxation.
Thank you. 


 

Hi Donovanlee,
No, not for Income Tax.
There is no tax relief for renting a property and home to office travel is classed as private travel and cannot be claimed for.
Perhaps you may be entitled to Universal Credits.
Universal Credit
Thank you. 

Hi karolina,
A certificate of residence is only issued in situations where there is an overseas income and it is taxable in the UK.
Where there is no overseas income, we would issue a letter of confirmation of residence, in case you require proof of residence for the overseas tax authority, due to a local law.
If this is your first time being resident in the UK, enter 'No'.
You have been outside the UK for more than 183 days in a UK tax year, so enter 'yes'.  for the question ""Reason why a certificate is needed"", is a free hand box, so you could state that is is to confirm your UK residence for tax purposes.
The start date is a date in the past and the end date cannot be later than the date you submit the form.
Future dates are not allowed.
Thank you. 

Hi Stevenstill79,
Please have a look at the guidance for the Construction Industry Scheme (CIS).
If the nature of your work is covered by the Construction Industry Scheme and the company is a registered contractor withing th CIS scheme, then they should be deducting tax from your payments.
If you are not registered as a sub contractor, then tax is deducted at a higher rate (30%) than it would be if you were registered (20%).
If you do not meet the criteria for the CIS, then they do not have to deduct tax from your payments.
Construction Industry Scheme (CIS)
Construction Industry Scheme: a guide for contractors and subcontractors (CIS 340)
Thank you. 

Hi Alison Williamson,
Take the figure from box 1 on the R185 you will have received from the trust and put this on the trust page SA107 at box 1.
Thank you. 

Hi Pebbel26,
Yes, once all bank infomation is held.
If you know in advance though, you can register yourself and file the return.
Thank you. 

Hi harryss53,
You would answer no to this question as it is your choice not to bring it.
You only answer yes if the laws of the other country stop you from withdrawing the money and as such you cannot physically access it.
Your UK interest will be untaxed from the banks.
Having an adjustment in your code does not mean it is taxed interest.
Further guidance on completing your return is here:
How to complete your tax return for Self Assessment
Thank you, 

 

Hi jon358,
Please refer to:
Tax on savings interest
Thank you. 

Hi AB CD,
please refer to:
VCM10530 - Introduction to EIS income tax relief: form and amount of EIS relief
Thank you. 

Hi Cuffy1763 Cosbert,
No, as the gift is after the actual sale.
Thank you.