HMRC Admin 25
-
RE: Tax Implications of Exercising Hong Kong Share Options as a UK Tax Resident
Hi WL0815,
A vesting date is a date when an individual becomes entitled to the full value or benefits of a particular asset or plan.
If the vlaue has now increased, you will need to report this as a capital gain.
Thank you. -
RE: Excess pension charge as personal contribution in excess of eligible income
Hi andy123 D,
No, the charge is based on your total income and in your case you are liable at 40%
Thank you. -
RE: Child Trust Fund
Hi Mahamud189,
Sorry. this forum does not deal with child trust fund.
Please refer to:
Child Trust Fund
Thank you. -
RE: Is Self Assessment tax return required?
-
RE: Tranferring Shares to ISA
Hi lance,
If you are moving it to another ISA then no.
Thank you. -
RE: No Last Name - Unable to confirm identity on HMRC [URGENT]
Hi Laxi 2210,
For assistance you would need to contact out online:
Technical support with HMRC online services
Thank you. -
RE: Self Assessment earnings over £100,000
Hi cephalopodsquid,
For the 2023/24 tax year the threshold changed from £100K to £150K for Self Assessment criteria.
You can check if you meet the criteria here:
Check if you need to send a Self Assessment tax return
Thank you. -
RE: Tax on accumulation fund withdrawal
-
RE: Basic PAYE Tools - query with Employer [secondary] NIC calculation
Hi Nigel Hoare,
If you are a director which we are assuming you are you can choose a non cummulative or cummulative calculation for NI.
If you are on the directors method which is cummulative then you will not pay NI until your income exceeds the yearly threshold.
Please see this guidance to provide details of the two methods.
National Insurance for company directors
Thank you.
-
RE: Online Purchase from EU: Discount/coupon code and loyalty scheme free gift
Hi UKBased,
How to work out the customs value for Customs Duty, import VAT and trade statistics if you’re an importer or clearing agent is covered on below link:
Working out the customs value of your imported goods
For more help, I would advise contacting the Customs and International trade helpline:
Imports and exports: general enquiries
Thank you.