HMRC Admin 25 Response

Hi MaDe

You must usually make any changes (‘amendments’) within 12 months of the filing deadline.
You can:
•    use commercial software
•    send a paper return or write to your company’s Corporation Tax office

You may be able to make changes to your Company Tax Return using HM Revenue and Customs (HMRC) online services.

Check if you’re eligible to use the service.

However, if this deadline has passed, and you believe that you have paid too much tax, there are some circumstances where you may be able to make claim for

‘overpayment relief’

Further guidance and information can be found here:

SACM12000 - Overpayment relief: Contents

SACM12150 - Overpayment relief: Form of claims

Please note, claims for ‘overpayment relief’ for Corporation Tax should be sent to:

Corporation Tax Services, HM Revenue and Customs, BX9 1AX

If the tax liability has increased, and you owe tax, you can make a voluntary disclosure.

Further guidance can be found here:

How to make a voluntary disclosure to HMRC

Thank you. 

 

Hi snappy,

Birthday or Christmas gifts you give from your regular income are exempt from Inheritance Tax, so will not affect the £250.00 small gift allowance.  

The guidance here: How Inheritance Tax works: thresholds, rules and allowances

This guidance does not state a maximum amount for a Christmas or Birthday gift, so long as it comes from your regular income, it is exempt from Inheritance Tax.

Thank you. 
 

Hi JerryG,

Thank you for your query.

I can confirm that your reference number to make a payment would be your National Insurance number followed by IC, then the first 7 characters of your surname and initial.

However, you must speak to the International Pension centre on +44 (0) 191 2187777 before making any payments to HMRC.

The International Pension centre will be able to advise you if paying voluntary National Insurance contributions for certain tax years will increase your pension or not.

They will issue a letter to you advising what gaps you have, what you can pay, how much it will be and how to pay.

It is important that you obtain this information from them as you may not be entitled to a refund if you make a payment for a particular tax year, and it does not increase your pension.

Thank you. 



 

Hi Nigel Giles,

The double taxation agreement between the UK and Australia, refers to pensions at article 17, however, it makes no mention of lumpsums.  

This means there is no relief for trivial commutation lump sum available, so they will be taxable in Australia and the UK.

To avoid double taxation, you can claim a foreign tax credit relief of up to 100% of the tax deducted in Australia in your Self Assessment Tax return. 

Thank you. 
 

Hi smarsh Marsh,

Thank you for your enquiry.

It can take up to 8 weeks for your payment to be reflected on your  National Insurance account.

If you contacted HMRC for your 18 digit reference number to make the payment, we will already be aware where the payments need to allocated to.

Thank you. 

 

Hi lamplighter,

How you choose to take the pension is a personal choice and under Article 17 of the double taxation agreement with Australia, will be taxed in the UK.

You may therefore wish to speak to a financial adviser.

Thank you. 

Hi LWNZ,

The pre 16/17 tax years will be manually added to your NI record by our Individual Caseworkers, as you are close to claiming your State Pension, (if you haven’t already done this).  

Normal time scales for allocations of payments to your NI record is 6 weeks.

You can contact The NI Helpline on 0300 200 3500 to have your payment allocated.

 We are aware that call volumes at present are higher than normal.  

Thank you. 
 

Hi ramankkumar80, 

If you are being advised the details do not match, you will need to contact our helpline to ensure our details are correct.

Income Tax: general enquiries

Thank you. 

Hi Bambi1,

The team  dealing with Specified Adult childcare credits are currently working on work received in September 2022.

If this isn’t dealt with by the date you retire, then any change to your pension will be backdated.

Thank you. 

Hi nearly66.

Voluntary Class 3 National Insurance Contributions are paid in arrears.

The current tax year (2022-2023) will not show on your PTA until after the 5 April 2023.  

If you have already had verbal confirmation that the 2022-2023 tax year has been updated you must wait until after the end of the financial year before you can review this on the PTA.

This will not impact on your claim for State pension as they will be aware of any payments you have made prior to calculating your State Pension.

Thank you.