HMRC Admin 25 Response

Hi Stephen Marlowe,
Please contact the Charities and Community Amateur Sports Clubs help line number on 0300 123 1073 or write to Charities, Savings and International 2, HM Revenue and Customs, BX9 1BU, United Kingdom:
Charities and Community Amateur Sports Clubs
Please also have a look at:
Tell the Charity Commission about a change to your charity
Thank you. 

Hi Andrew Holme,
When you acquire a second property and you elect for the second property to become your main residence from the date of acquisition, you should report this in writing to HMRc within 2 years of the second acquisition.
Private Residence Relief (PRR) is then transferred to the second property.  
For the Private Residence Relief calculation on property, you would work out the number of months the property was your main residence and add a further 9 months to this figure.
You then work out the number of months from the acquisition to the disposal, which will give you a fraction  X/Y * Capital gain, to work out the PRR.
This figure is then deducted from the capital gain, to work out how much gain is taxable.
Thank you. 

Hi Je77 Jones,
Where the double taxation agreement confirms the pension is only taxable in Hong Kong, then the pension would only be declared as additional information in box 19 of SA100.
In this way, you are complying with the requirements of full disclosure, but not being taxed on the pension.
Yes, overseas interest shoudl be included in your Self Assessment tax return, in pounds sterling.
Thank you. 

 

Hi Lynn D,
Yes, from what you have described the choice of the longer commute has been a choice from the employee and would be classed as normal commute.
However, if you contact our Employers: general enquiries Tel 0300 200 3200 so we can discuss the matter in more detail.
Employers: general enquiries
Thank you. 
 

Hi JJ63,
You cannot use this service to file your tax return online for a partnership for a trust or for an estate if you lived abroad as a non-resident.
To report multiple ‘chargeable gains’, for example from life insurance f you get income from a trust, you’re a Lloyd’s underwriter or a religious minister use commercial software or download or request other forms instead.
Thank you. 

 

Hi Karen Gibbons,
There has been a change in process regarding assignments.
Any assignments received after 19 July 2023 will not be accepted and the repayment will be made direct to the customer, unless the claim also includes a valid nomination. 
Thank you. 
 

Hi SAYE to SIPP transfer (via in-specie or "Bed and SIPP"),
A “Bed and SIPP” transaction where SAYE shares are disposed of and then bought back by a SIPP provider will be a chargeable occasion for Capital Gains Tax purposes.
General guidance regarding Capital Gains Tax on the disposal of SAYE shares can be found at ETASSUM38100 and CG56400P.
However, if the shares are transferred to a pension directly from the SAYE scheme when it ends there are no capital gains tax implications.
Further information can be found in HS287.
Pension tax relief is given on contributions “paid” during a tax year.
This means that contributions to a registered pension scheme must be a monetary amount.
However, the transfer of SAYE shares into a registered pension scheme can be treated as a contribution on which tax relief may be given.
The value of the shares transferred is treated as an individual pension contribution for the purposes of income tax relief.
The amount of the pension contribution is the share value at the transfer date.
Further guidance can be found at PTM042100 regarding the tightly defined circumstances to be met for the transfer of an asset in specie, i.e., shares, to be treated as retaining its monetary form and eligibility for income tax relief.
ETASSUM38100 - Schedule 3 SAYE option schemes: Taxation: Disposal of shares – Schedule 3 SAYE option scheme:
ETASSUM38090 - Schedule 3 SAYE option schemes: Taxation: Disposal of shares - General
Thank you. 

Hi Becks_M Dell,
You will still need to register for the UTR,
Register for Self Assessment if you are not self-employed
Thank you. 

Hi John Powderly,
Please refer to:
HMRC online services: sign in or set up an account
Thank you. 

 

Hi Kai Chau,
Please phone 0300 200 3310 to chase this up.
Thank you.