HMRC Admin 25 Response

Hi flowertax,
If you have a trust document showing that you are a beneficial owner of the property then yes you will need to declare this as a resdiential property sale and report/pay within 60 days.
Thank you. 

Hi SRK1,
As per your link quoted, the root basis is fine for dividends and interest but as the original query did not refer to this, the guidance is clearly stating - Where, however, the foreign income is charged to foreign tax by direct assessment and the basis period for the foreign assessment is different from the UK basis, it may be necessary to apportion the foreign tax.
Many foreign countries adopt the calendar year as their basis period so that, for example, foreign rents of the year ended 5 April 2010 will be charged to foreign tax partly in 2009 and partly in 2010.
Three quarters of the 2009 tax and one quarter of the 2010 tax will be available for credit against the UK tax charged for 2009-10. as such the original reply was correct.
Thank you. 

Hi ceeebeee1,
Yes,as you would need the title to allow the property to be sold.
Thank you. 

 

Hi deathandtaxes21t,
If on your tax return then no official acknowledgement will be issued.
You will be able to view the return from your online account if submitted online to see the figures you submitted.
Thank you. 

 

Hi Joglenscowen,
You are correct. 
Thank you. 

Hi CMitchell,
This can be confusing the way the legislation is worded so this may be why you were given two answers.
Please refer to:
CG73550 - Residential Property gains .
But also directly to the legislation at Taxation of Chargeable Gains Act 1992 (legislation.gov.uk)
It would be classed as a residential property where 'the interest in land subsists under a contract for the acquisition of land where a building is to be constructed or adapted for use as a dwelling.
It then goes on to clarify the basic meaning of a 'dwelling'.
It can become complex and all we can do is refer you to the guidance and legislation as we do not have the full facts of the contact/agreement etc and you may wish to seek independent financial advice.
Thank you. 

Hi cks29,
We would advise contacting the Customs and International trade helpline here for more help:
Imports and exports: general enquiries
Thank you. 

Hi Nuno,
HMRC would not comment on how to engage with someone for their services.
However, we would direct you to:
2024 to 2025: Employer further guide to PAYE and National Insurance contributions
specifically sections 4.5 and 4.6 which will advise on paying someone who leaves the UK but is still employed.
Thank you. 

 

Hi Cameron,
When you do a salary sacrifice the employee gives up the money, it then becomes the business' money.
Therefore the lease would need to be in the business' name.
Salary sacrifice for employers
Thank you. 

Hi Na Sun,
Can you contact our VAT helpline so that we can look in to your VAT account.
Please see here:
VAT: general enquiries
Thank you.