HMRC Admin 25 Response

Hi Damion Yates,
Sorry, we cannot comment on scenarios.
You will need to seek financial advise for an answer to this question.
Thank you. 

Hi Alan Marchant,
No. The limit is £20k per annum no matter which type of ISA that you have.
With regards to the split with your wife, that is your choice and can be done if the sharesave scheme allows it.
You will need to ensure that no other funds have been invested in the ISA for this tax year for you to put in the 20k.
Thank you. 
 

Hi Z Fitter,
Please refer to:
Capital Gains Tax: what you pay it on, rates and allowances
The cost to your wife will be the original cost to the you.
Please also refer to:
CG15800 - Losses: allowable losses
For information about losses and in particular to:
CG14561 - Transactions between connected persons: clogged losses
Because there are limits to how the loss can be used if it arises from a disposal to a connected person.
Thank you. 

Hi Lee,
You are correct. 
Thank you. 
 

Hi StockOptions821485,
There seems to have been an election or agreement in place, not sure which, whereby you have paid the employers NIC on the Options.
It seems from the guidance, that as the employer was required to operate PAYE, the employer should have taken this into account when calculating the tax due.
Please see the following guidance.
ERSM30490 - Restricted securities: relief for NICs elections and agreements
ERSM110520 - Securities Options: deductible amounts: employer's NICs met by employee
NIM06813 - Class 1 NICs: employment-related securities: shares: employee agrees or elects to pay secondary Class 1 NICs 
If that's the case, then there is nothing for you to claim.
The adjustment should have been done by your employer as part of their PAYE calculations and you should speak to them in the first instance to check whether they have done so and if not, they should advise you why not.
Thank you. 
  

Hi David Law,
You would need to register for Self Assessment to receive a UTR.
Setting up a parsonal tax account will not allocate a UTR.
Check how to register for Self Assessment
Thank you.
 

Hi Nearlyaddit,
You would need to conact HMRC to check why the 2022/23 tax year not yet reviewed.
We are unable to look at your personal tax records on this Forum. 
 Contact HMRC
Thank you. 

 

Hi Charlotte Salisbury,
Yes, you would need to contact HMRC to review your tax records, as we are unable to this via the Forum:
Contact HMRC

 

Hi LakshyaKumar,
Sorry, but we do not have access to your personal tax records on this forum.
You would need please to contact HMRC to review your  tax recordas.
Contact HMRC
Thank you. 


 

Hi W J,
You would need to contact our online helpdesk for assistance.
https://www.gov.uk/government/organisations/hm-revenue-customs/contact/online-services-helpdesk 
Thank you.