HMRC Admin 10 Response
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RE Self employed UK, digital nomad Spain- apartment in both counties
Hi
You need to determine your tax residence status to confirm which country you would be paying tax in - RDR3 Statutory Residence Test -
RE Capital Gains Tax if my husband who I am separated from gifts me his share of our family home.
Hi
Please refer to guidance at separation and divorce -
RE Isa Maturing 2023 / 2024 - What are my Options?
Hi
It will be 24/25. We cannot advise you on your options as that is financial advise which we are not authorised to give. -
RE Do i need to submit SA109?
Hi
As your domicile is elsewhere, you were correct in submitting the SA109. -
RE CGT Is work to change dangerous parts of a property claimable against CGT?
Hi
Yes, this falls under the catogory - For the purpose of enhancing the value of the asset
This looks at the purpose for the expenditure, not whether there is actually an enhancement of value. -
RE CGT on second property reported through property gateway then on next year's SA Return.
Hi
Yes you need to report it again and yes there is a box to show the gain reported and tax already paid. -
RE: Crypto Gift from Abroad
Hi
You would need evidence to confirm the transfer and also a value applied at the date of transfer in event you then sell the crypto as you would then be liable to capital gains tax for any increase in value. Gifts do not need to be reported on your tax return. -
RE Double taxation relief on pension contributions for cross border workers
Hi
As you have advised this is under a net pay arrangement, no further relief is due and the payments should not be declared. -
RE CGT on adding my son as joint tenancy by transferring less than 50% of equity at nil cost.
Hi
There is no minimum but as this is not your main residence, this may be seen as a disposal and may be liable to capital gains tax. -
RE PAYE + side business
Hi
No, you will just tailor your return to show that you now have another source under self employment. If you want to claim actual expenses and/or any loss, you need to say that your turnover is over £1000 even if it is not.