HMRC Admin 25 Response

Hi Dheeraj Parashar,
You should submit your Form 17 and supporting evidence as soon as possible, as the declaration will only take effect from the date you and your wife sign it.
Your rental income should continue to be divided on the 50:50 basis until the Form 17 signature date, and can only be split 80:20 from then on.
If you wait until January 2025 to sign and send your declaration, then you will not be able to apply the 80:20 split to your rental income until then. We must receive the signed Form 17 declararation within 60 days of the date on which you both sign it for it to be treated as a valid declaration. 
Thank you. 

Hi safal chhetri,
As this is a transfer of capital that originated in the UK and taxed here then no.
Thank you. 

Hi sofi1978 Mirzynska,
You can download and print proof of your employment history from your Personal Tax Account, or the HMRC app.
Find out how here:
Get proof of employment history
Thank you. 

Hi Mike T,
Your employer will notify us when you cease working for them.
If you would still like to notify us yourself, contact us by webchat or phone here:
Income Tax: general enquiries
After you leave your employer.
Thank you. 

Hi Andy Chan,
As per the guidance - Reporting your foreign income
You usually need to fill in a Self Assessment tax return if you’re a UK resident with foreign income or capital gains. But there’s some foreign income that’s taxed differently.
You do not need to fill in a tax return if all the following apply:
Your only foreign income is dividends
Your total dividends - including UK dividends - are less than the £500 dividend allowance
You have no other income to report
Different rules may apply if your permanent home (‘domicile’) is abroad.                                                                                                                          As you state you receive interest, you therefore do not meet the criteria above and a tax return is required.
Thank you. 

Hi SFWong,
It depends on your actual tax residence for the years concerned as you will pay tax in the country that you are tax resident.
Thank you. 

Hi Ed,
Your total income brings you into the higher rate tax bracket and the calculation is correct.
£1000 of dividends is tax rate 0%.
£35069 of the dividends is taxable at 8.75%
The remaing dividend £1631 is liable at 33.75%
Thank you. 

Hi nelk24,
No,this is still a residential property.
Thank you. 

Hi BayTax,
If your employer is happy to pay you gross then yes you would then declare all the income in the UK.
This can be from the actual start date.
Thank you. 

Hi mdsmith67,
You would declare this as normal.
You will need to provide a letter from your employer to show the breakdown if it is benefiicial to you to have the arrears allocated to the correct years.
If so, we will do the adjustment once the 24/25 return has been submitted.
Thank you.