HMRC Admin 10 Response

Hi
In the box for one off payments you would show the £3000. 

Hi
If you pay tax at the higher rate 40% then on the restriction in your tax code 3960 we will collect tax at 40% on this which will be the underpayment amount £1584. If you want to check that your tax code is correct you will need to contact HMRC to access your record Income Tax: general enquiries

Hi
If you moved in June 2024 then the address will be for the 2024/25 tax year. 

Hi
On the page titled ‘UK pension and other state benefits (Page 2 of 2)’ , enter your client’s state pension lump sum amount in the box under ‘State Pension lump sum’. The tax taken off this amount should be entered under ‘tax taken off state pension lump sum’.

Hi
No - you only need one UTR. At the end of the tax year, you declare all of your income, including investement and Self-Employment income, on the same tax return, using this UTR. 

Hi
Most investment growth of the assets held within registered pension schemes is exempt from income and capital gains tax.

Hi
This is incorrect, and I agree it is likely a scam.  Any gains arising are declared by the individual to HMRC on a tax year basis, are charged by HMRC and paid to HMRC. I would suggest that the individual contact the agent directly rather than electronically as it sounds like electronic communication has been compromised.

Hi
No - you need to be a UK resident to open/use an ISA. HMRC cannot advise you where to keep your savings. Please refer to guidance at Tax on your UK income if you live abroad

Hi
You will still declare under self employment and your business name will be your own name.

Hi
You would declare the interest to HMRC in writing.  We would need the name of the bank account, the bank account number and sort code.  This will allow the bank to notify HMRC of the interest the account generates each year, so that it is included in your tax liability calculation.