HMRC Admin 10 Response

Hi
If this is self employment income then you need to complete the self employment page on your tax return. On the self employment page you can then claim the £1000 allowance against your profits. 

Hi
As you have the choice, it is annually.

Hi,

No, contributions to a child’s pension would not have the same affect. 

Thank you.



 

Hi
You can put in an estimate for the tax credit relief if not already paid and then make an amendment once the actual figure is known.

Hi
You would make reference to it in your return but not as taxable income.

Hi
You can open another cash ISA for 24/25. The transfer depends on the provider and the amount will depend on whether it is a flexible ISA or not. You should contact your providers for further information.

Hi
When you transfer you dispose of them from the SIP and it would be a normal disposal for capital gains,the 30 day rule does not apply to Bed and ISA transactions and the initial disposal results in a capital gain or loss. The the investments will have no TAX/ CG in the future within the ISA.  Further guidance is also available at Tax and Employee Share Schemes

Hi
At the time of transfer no. It is only if/when the spouse then decides to sell that it is a disposal.

Hi
You are correct.

Hi
Please see guidance at How to apply for a certificate of residence to claim tax relief abroad