HMRC Admin 25 Response

Hi Dave,
Please refer to guidance here:
HS281 Capital Gains Tax civil partners and spouses (2024)
Thank you. 

Hi Anna987,
HMRC cannot comment on future events as legislation may change.
For current guidance please refer to:
Tax on your UK income if you live abroad
Thank you. 

Hi Query,
A Self Assessment is required even though the tax due may in fact be ‘nil’ (for example, in any case in which the taxpayer’s total chargeable income for the year is less than the personal allowances due for that year).
Foreign income and capital gains, regardless of the amounts, meet the criteria for completing a Self Assessment tax return.
You can check if you need to send a tax return here:
Check if you need to send a Self Assessment tax return
Thank you. 

Hi iren,
Currency other than sterling is a chargeable asset and its disposal can give rise to a chargeable gain or an allowable loss.
The loss would be declared in the capital gains sections of the tax return, relating to either listed or unlisted shares.
Please have a look a the guidance here:
CG78310 - Foreign currency: assets acquired or sold for currency
Onwards.
Thank you. 

Hi Julia Marsh,
This is a matter for the Luxembourg authorities.
HMRC will continue to apply the current tax treaty in force, until an updated version is agreed.
Luxembourg: tax treaties
Thank you. 

Hi Wee Gee,
As UK property needs to be declared within 60 days, you can specify how much of the annual allowance you wish to use.
You can then report the non property gain and use the annual allowance there or vice versa
Please see here:
Report and pay your Capital Gains Tax
Thank you. 

Hi Andrea65,
Yes, the teachers pension remains liable in the UK.
You will need to apply for the State Pension to be UK tax exempt:
Double Taxation: Treaty Relief (Form DT-Individual)
Thank you. 

Hi Tom Mc,
Please refer to guidance here:
PTM176410 - Lump sum allowance and lump sum and death benefit allowance: Fixed protection: Overview.
Should this not answer your query, you will need to contact us direct for specific advise  here:
Income Tax: general enquiries
Thank you. 

Hi jtorty,
Please refer to:
Personal pensions
Thank you. 

Hi taoball,
If you are supplying software and a software support service B to B then this should come under the General Rule of Services when determining the Place of Supply.
Please see the guidance below:
6. The place of supply rules for services
You do not have to get the customers VAT numbers although you do need to be satisfied that they are in business.
It is your decision as to whether you establish a base in France.
However for the purposes of Place of Supply you do not need to for your services to be deemed as Outside the Scope of VAT.
Thank you.