HMRC Admin 25 Response
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RE: Tax on RSUs granted in the US
Hi Jonathan Marchini,
It is.
Relief can be claimed in respect of the USA tax though.
As the payment is from your employer, the income should be shown in the employment section if it is included in your P60.
You would then claim credit for the Tax in the foreign section under 'Employment, self-employment and other income which you paid foreign tax on'.
If it's not included in your P60, please include it on the box on the employment page for 'Tips and other payments not included on your P60'.
ERSM20193 advises that when RSUs payout at the market value on what is called "dividend equivalents" in either cash or shares, such payments will generally be taxed as earnings in the year they are received:
ERSM20193 - Employment-related securities and options: what are securities: RSUs and dividend equivalents
Thank you. -
RE: Self assessment registration
Hi echow,
If your form is being rejected please complete the fill in, print and post form:
Fill in, print and post the form
Thank you. -
RE: is the paper form only way for split year treatment application
Hi schangh,
You can do it online only if you use 3rd party sofware.
You cannot do it with HMRC normal return submissions:
Self Assessment commercial software suppliers
Thank you.
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RE: Leaving the UK
Hi EandS,
HMRC cannot advise you of that as you need to determine it based on the guidance available:
RDRM12000 - Residence: The SRT: Split year treatment: Contents
You cannot complete a return for 23/24 until after 6/4/24.
You can contact us by phone once you know for definate your departure date on 0300 200 3300.
Thank you.
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RE: Is the death benefit of Life Insurance Taxable?
Hi candicec1114,
There are other factors to take into account.
Please refer to:
PTM073000 - Death benefits: lump sums: contents
Thank you.
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RE: Personal Allowance and pension contributions
Hi Kay,
The amount you contribute should not take into account the Personal Allowance.
Thank yiu. -
RE: Tax refund to Agen
H iJulie Kemp,
If Brooksdale are having issues with the cheque they would need to contact us by telephone or in writing.
Income Tax: general enquiries
Thank you.
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RE: Email contact with HMRC
Hi Farah Partington,
If you are having issues with your employer you may need to consider contacting ACAS.
How Acas can help
Thank you. -
Re: visa fees
Hi drshreq,
No, these are not an allowable expense.
Thank you.
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RE: Gain and losses in day trade for index
Hi MJ K,
Yes, you can use monthly and then just have a total.
Include a pdf document of the monthly transactions/exchange rate as evidence.
Thank you.