HMRC Admin 10 Response
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RE: Sending money from abroad to UK account
Hi Chris Horn
Interest arising in the tax year that you are resident in the UK (6 April to 5 April) includes the interest generated in Vietnam and the UK, in that period.
Thankyou.
Regards. -
RE: Sending money from abroad to UK account
Hi Salman Al Assaf
As you inherited the land and have now disposed of it, you may be subject to capital gains tax in the UK.
You would need to consider whether the land is residential or not.
The guidance at (Tax when you sell property) will help work out any gains.
You will need to report the disposal in a self assessment tax return (SA100) and declare any gains in SA106, if foreign tax was paid on the disposal and you want to claim foreign tax credit relief.
You will also need to report the gain in SA108.
Thankyou.
Regards. -
RE: Zero rate of VAT for solar panel products
Hello Scott Drew
If the work they are doing qualifies for zero rate it will be what they are working on as opposed to who they are working for.
Thankyou.
Regards. -
RE: Calculating Net Adjusted Income for Child Benefit High Income Tax Charge
Hi J T
The figure on the P60 would already have the pension contributions deducted and you should use this figure.
Thankyou.
Regards.