HMRC Admin 10 Response

Hi
The payments on account are not part of the self assessment tax calculation, as the calculation shows the amount of tax payable and not the tax paid. Your statement of account, will show the payments on account you paid and either an overpayment from your tax return or a balancing payment.
An example of this would be a cacluation showing an underpayment of £2000.00.  
The statement shows two POAs of £900.00 each, leaving a balancing payment of £200.00.  
Ne payments on account of £1000.00, will be created as half of £2000.00 underpayment from the tax return.

Hi
If private residence relief covers the full gain, then there is no requirement to declare it on a self assessment tax return, by you or your wife.         

Hi
These expenses will be declared in the 2023/24 return which has a submission date of 31/1/25 (online).

Hi
Yes it is still taxable but you can ask for this to be allocated to the years it was actually due.
If paid this year, we cannot review anything until after 6/4/24 and you should provide a breakdown from the pension company on the years/amounts to be reallocated.

Hi
The 'sorry' payment is not taxable but the interest that they applied forms part of your personal savings allowance and is taxable income.

Hi
Your understanding of this is correct.
Please note though, your other income will also include the actual annual state pension that you are due to receive for the eyar and if this added to other income, not the lump sum, then takes you over the personal allowances then you will be liable to tax.

Hi
Freelance work (self employment) and income from property are different to employment income.  
The payroll form is only asking you about employment.  
They don't need to know about the other sources of income you have, so if this is your only employment or your first employment in the tax year, you tick the options for that.

Hi ALLONOUROWN
Yes to both questions.

Hi
Your personal allowances are set against your pension,interest and dividends after the dividend allowance and savings allowance are used up.
Any excess is then lost if not used as they cannot be set against your capital gains.
Your capital gain would then be taxable on the profit after the deduction of the cgt allowance.
Based on your figures your gain would not be liable to tax.

Hi
£24000 in box 1 and box 1.1.  
Box 1.1 is only additional information and does not impact the tax calculation.