HMRC Admin 10 Response
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RE: Payment offset
Hi
It won't be allocated yet as payments for 22/23 is not due. -
RE: Do I need a new government gateway account?
Hi
Continue to use the older account. -
RE: Reimbursed expenses
Hi
Yes.
If a client pays your expenses, this is profit to be added to your gross profit.
You would also claim expenses for the travel. -
RE: Self assessment repayment delays
Hi Ian Wilding
You will need to query this with out Self Assessment department.
If you click on 'Ask HMRC Online' and request to speak with an adviser, you will be put in the queue for Self Assessment Webchat.
Self Assessment: general enquiries -
RE: Entering Belgian State Pension and Belgian Private Pension Lumpsum payment in Self Assessment
Hi
The Belgian state pension is only taxable in Belgium so you do not need to declare this.
As the private pension started in February 2023, this also does not need to be included.
Please note the return that it has been received but is exempt under Article 17 of the DTA. -
RE: Gift and Inheritance Tax
Hi
You do not need to declare this as there is no tax relief due for you on this.
However, it should be noted somewhere for your own records as it will need to be taken into account as part of your estate under the 7 year rule for inheritance tax. -
RE: SA200 -v- online tax return
Hi
As he was in an IVA, the original UTR should not be used.
He should contact us on webchat to have this updated - Go to Gov.uk and search 'contact HMRC'.
Then choose Self-Assessment and go to 'Ask HMRC Online'.
Thankyou. -
RE: Income and Capital Gain: fees and commission - taxable or not
Hi
Yes.
Thankyou. -
RE: Property letting - offsetting rental fees
Hi
No ,you cannot claim your own rental as an expense. -
RE: Property sold. Split transfer then consolidate the funds will cause mixed fund?
Hi
A mixed fund is a fund of money or other property which contains more than one type of income or capital (including ‘foreign chargeable gains’) and/or income or capital from more than one tax year.
A typical example is a bank account into which different types of income, such as bank interest, dividends and earnings, or capital have been paid.
As all the income in the account is from the sale of the property it is not a mixed fund.