HMRC Admin 10 Response
Joined: 11/22/2019
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RE: Double taxation on Pension for French resident
Hi
Please call +44 13 5535 9022 to chase this up.
Thankyou. -
RE: SA100 or SA900 date of death 7th April
Hi
It would be an SA100 and personal allowance would apply.
Thankyou. -
RE:Second Job
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RE: Bank Details for Tax Refund
Hi Kristof Dadu
We can't advise of the reason for this as we can't access your account.
Thankyou. -
RE: How to help a dementia patient to fill up SA form
Hi
You would need to obtain Power of Attorney in order to act on his behalf :
Make, register or end a lasting power of attorney
Thankyou. -
RE: Adjusted net income to work out Personal Allowance
Hi
The employers contributions should not be deducted.
If you use this for work you can deduct it.
Thankyou. -
RE: Capital Gains Tax Refund
Hi
There is a section within the capital gain reporting system that allows you to claim losess.
You can amend this online rather than wait until your return has been submitted.
Thankyou. -
Rental income transfer to someone else
Hi
Thank you for your question.
1. You are correct, if a deed of trust is executed you must have this available for potential later inspection
2. You can execute a new deed of trust later on.
3. You would need to update your deed of trust if later the beneficial ownership/interest was to change.
You also need to consider the capital gains implications this as this would be considered a disposal for CGT purposes. -
Tax return red box for rental expenses too high for income
Hi
Thank you for your question.
If you have actually calulated a IFP profit as expenses are less than income rents received this may be a entry glitch.
Id suggest you called HMRC and ask a tax technician to walk through the tax return emulator (OTRSA) with you as you finalise it.
Failing that, a manual tax return may be advised. -
RE: Help with significant income tax losses
Hi
Thank you for your additional question.
My colleagues response still stands in terms of what how tax relief can be given.
You have let out your flat which is deemed an income from property so I would expect income as rent less allowable expenses.
If this has resulted in a loss on income from property (IFP) then you may be able to submit this information on your tax return and the recorded loss will be utilised againt future tax years IFP profits.
I would also suggest you contacted HMRC with your details in writing if you need your losses checking over.