HMRC Admin 25 Response

Hi K L Kwan,
If you qualify for split year then you only report any foreign income for the UK part of the year:
RDRM12000 - Residence: The SRT: Split year treatment: Contents
If you do not qualify then you will need to report all your foreign income to the UK:
Tax on foreign income
The guidance at:
RDRM12150 - Residence: The SRT: Split year treatment: Case 4: Starting to have a home in the UK only
Will help you work out if split year treatment applies. 
Thank you. 

 

Hi manwithguitar,
Based on your comments he has not been UK resident for some time and as such the income from US/Canada should not be reported here and no return is required.
Thank you. 

 

Hi dianeb,
If it meets the conditions here yes you can claim Business Asset Disposal Relief :
CG63965 - Business Asset Disposal Relief: meaning of business
Thank you. 

Hi A Chan,
If the HK work is for a UK employer then it is still liable in UK.
If a HK employer, under the terms of the DTA, income for work carried out on HK soil is only taxable there.
Thank you. 

 

Hi sg437,
If UK resident and domicile then yes.
If claiming the remittance basis as non domiciled then no.
Self Assessment: general enquiries
Thank you. 
 

Hi philip_an,
We can only provide general information / guidance in this forum.
For an answer to a detailed question of this nature, you would need to contact our Self Assessment helpline here:
Self Assessment: general enquiries
Or seek professional advice. 
Thank you. 

 

Hi David I,
As long as your tax code is been operated on a cumulative basis, any tax overpaid should be refunded automatically through your wages.
This will be once your income drops below the 45% threshold for the year based on the tax table rates for that week or month.
Please see guidance here:
Income Tax rates and Personal Allowances
Thank you. 
 

Hi Mohammed Rafi,
You  would need to answer 'yes' for question 8 as you will have two jobs for a short period of time.
This will ensure the correct tax codes are allocated.
Once you receive your P45 from your previous employer you can then hand this in to your new employer and contact us to review your tax code if your personal allowances need to be transferred to your new employer.
Income Tax: general enquiries
Thank you. 

Hi WH,
This is not taxable income for your child and does not need to be declared by him for tax purposes.
Thank you. 

Hi aitud66,
No.  Travel to the companies office is still classed as commuting and does not qualify for tax relief.
Thank you.