HMRC Admin 25

Hi kman,
You will need to complete the application form CA8421.
Guidance can be found here:
Check which country's social security legislation applies to you (CA8421)
Thank you, 
 

Hi Peter,
In order for us to investigate and rectify, we will need your full details, including your NI number.
Please also provide details of the information you have used to set up a personal tax account with the incorrect details.
You can call the NI helpline on 0300 200 3500.
Lines are open 8am – 6pm Monday to Friday.
However, depending on the level of ‘confusion’ on the record (s) we may need you to write to us at:
HM Revenue and Customs
National Insurance Contributions and Employer Office
Account Investigations
BX9 1AN
Thank you, 


 

Hi john Hinde,
The Government introduced the ‘New State Pension’. Details of this were widely publicised at the time through articles and advertisements in the press and on TV and Radio.
As a result of this, the number of years needed to qualify for a full state pension now varies from person to person depending on their work history.
HMRC does not calculate pension entitlement, this is done by DWP, however as you have stated that you were part of a contracted out pension scheme for longer than your wife, I imagine this is why she has qualified for a full state pension despite having less ‘qualifying years’ than you.
Obviously without your details, we are unable to give specific responses to your enquiry, but you can call our Contracted out Pensions Helpline on 0300 200 3500.
The line is open Monday to Friday: 8am to 6pm.
Thank you. 

 

Hi Erin Louise Rogerson,

Class 2 NICs for tax year 2022-23 are not due until 31/01/24. 
Any Class 2 NICs paid between April and November for the tax year that has just ended remain on the SA record until towards the end of November because ordinarily there is no need for them to be reflected on the NI record before then. 
Towards the end of November/start of December we begin transferring them to the NI record.
There are certain scenarios where we need to have the NICs reflected on the NI record at an earlier stage – usually because of a claim to benefit.
On receipt of a claim to Maternity Allowance from a self employed individual, the DWP will assess the claim based on the NI record as it stands.
That is presumably why you are currently receiving the minimum rate.
If the DWP feel that the entitlement can be improved, they will contact HMRC and in a case such as yours, we will ask the self assessment section to transfer the NICs to the NI record early.
If no payment had been made to Self Assessment, we would issue an interim bill directly to the individual. 
In order to assess the position with regard to your NI records, you will need to contact the NI helpline on 0300 200 3500.
Lines are open 8am – 6pm Monday to Friday.
Thank you. 

 

Hi YY WONG,
No. Income tax and Capital Gains Tax are separate taxes.
If you do not utilise all of your personal allowance against income, the the balance is lost.
You will still have the full basic rate band available, which means that the lower rate of capital gains (10% or 18%) will apply against the gain up to the amount of basic rate band available, with the balance taxed at 20% or 28%.
The capital gains rates of 18% and 28% related to property gains and 10% and 20% for all other types of capital gains.
Thank you, 

 

Hi twad8419t,
No. You may have to pay tax on any interest that may arise in the course of the transfer..
Thank you. 
 

Hi safiyyah,
We cannot advise on the matter of funding.
We cannot provide a definitive answer as, under self-assessment principles, HMRC does not generally provide clearance on how individuals should declare their income or gains.
It is instead the customer's responsibility to assess the available guidance and arrive at their own considered conclusions.
It might however help if I confirm that HMRC generally takes the view that the act of buying and selling forex etc will normally fall short of trading and would therefore be subject to Capital Gains Tax.
There is guidance available in the Business Income Manual, from reference BIM56800 that should allow you to assess your position and declare your income and gains accordingly.
BIM56800 - Financial traders - instruments and shares: contents
Thank upu. 

Hi THon,
The current timescale for the department that will be dealing with your letter is 36 weeks.
They are currently working on post received on 14 December 2022.
If you require this information urgently, you can speak to one of our advisors who will be able to access your records and provide you with details of any possible shortfalls that you can consider paying.
The number for the National Insurance Helpline is 0300 200 3500, lines are open from 8am to 6pm Monday to Friday.
Thank you. 
 

Hi Yorkie99,
Thank you for your enquiry.
Timescales can change daily depending on the workloads.
We can confirm that the current timescale for the department that will process your application is 36 weeks.
They are currently working on post received on 14 December 2022.
Thank you 
 

Hi drbrick,
You can check the criteria here to see if it still applies:
Claim tax relief for your job expenses
Thank you.