HMRC Admin 25 Response
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RE: How to calculate CGT from shares
Hi Catty,
Please refer to guidance here:
Shares and Capital Gains Tax (Self Assessment helpsheet HS284)
Please also look at the helpsheet examples.
Thank you. -
CGT on property - which tax year?
Hi SonnyH,
The year of disposal is the date contracts are exchanged( date missives signed).
If any conditions are attached then its when all the conditions are met.
The 60 days Poperty Payment Disposal starts day after completion (exchange of keys).
Thank you.
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RE:Working from Sovereign Base as a military spouse
Hi Joanne Beesley,
As you are living on the base and working from home you would still be considered as working in the UK as this is classed as UK soil.
There would be no change to your tax status.
Thank you. -
RE:Employed Germany need to complete UK Tax return as UK tax resident
Hi Wellington,
If these are not included in the link previously sent then you cannot deduct them as expenses from your income.
Thank you. -
RE:Do I need to report Dividend by Stock Share?
Hi Sam Leung,
A value should have been attached when it was distriuted and as you fill out a return, you would include this as it still forms part of the dividend allowance.
Thank you. -
RE: Applying Digital Nomad Scheme but still PAYE employee
Hi Caitlin,
You would still pay tax on the UK income as HMRC would not be aware that you are tax resdient in another country.
You would therefore need to submit form P85/double taxation relief claim to have this updated.
Please guidance here:
Get your Income Tax right if you're leaving the UK (P85)
Double Taxation: Treaty Relief (Form DT-Individual)
Thank you.
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Inheritance tax risk on international family loan?
Hi Chris Antrobus,
There are no tax implications on the giving or receipt of cash gifts, but you may wish to speak to Inheritance Tax regarding any Inheritance Tax implications:
Inheritance Tax: general enquiries
You may also want to review the guidance here:
How Inheritance Tax works: thresholds, rules and allowances
Thank you. -
RE: U1 Form
Hi SonyaG6274,
Thank you for your enquiry.
If you submitted your application online, the timescale for the area who will process your application is 2 weeks, they are currently working on applications received on 27 October 2023.
If you still haven’t received a reply, please contact the HMRC helpline and we will be able to check your records.
The number to ring is 0300 200 3500 (+44 191 2037010 if calling from abroad), lines are open from 8am to 6pm, Monday to Friday.
If you sent your application by post, the timescale for those applications is 38 weeks, the area who process those applications are currently working on applications received on 7 February 2023.
Thank you.
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RE:Research Fellowship tax?
Hi aocam,
Please see guidance to see which category you fall into:
EIM06271 - Employment income: scholarship income: awards to researchers by the European Union
Thank you. -
Liability to UK taxation
Hi Katie R,
If you are a UK tax resident and domicile, you need to declare your worldwide income in the UK
Please see guidance here:
Tax on foreign income
Thank you