HMRC Admin 10 Response
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RE: Tax on additional work-outside of UK
Hi
Yes you can declare this as self employed. If claiming the £1000 trading allowance you cannot claim any other expenses against this source and this would negate the need for any receipts. -
RE: Self Assessment Tax Return for Gift Aid Goods Sold in Charity Shops
Hi
No. it is only any gift aid that you can claim against. -
RE 25% tax free lump sum at age 55 is correct?
Hi
Please refer to additional guidance at International: UK tax charges on non UK schemes: the member payment charges and taxable property charges -
RE How to value a house historically for CGT
Hi
You would need to contact an estate agent to give you a valuation of similar properties that were sold at the same time of transfer. -
RE: EIS Tax Relief - Can an investment certificate be split over 2 years income tax
Hi
On the EIS certificate, there are 2 boxes for you to say how you want to claim. Complete both by stating the years and amounts and then send the certificate to
HMRC,
PAYE & Self Assessment
BX9 1AS -
RE Adjusted Net Income for childcare
Hi
It would be for the tax year 2024/25. -
RE Loss on sale of overseas property
Hi
Yes. If not in the same tax year, you need to report the loss within 4 years for it to be used when needed.
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RE CIS Payments for LA Schools
Hi
As you have correctly pointed out, section 2.8 of the CIS340 excludes payments for construction operations by the governing body or head teacher on behalf of the LEA, which is also confirmed at The Scheme: contractors: schools (CISR12100) . You have asked whether the exemption still applies where the LEA themselves pay the invoices. The simple answer is yes, as a governing body are acting on behalf of the LEA, they could take the form of a committee or trust board and are essentially representing the LEA.
Hope this clarifies matters.
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RE Finalisation of child tax credit year when UC not claimed
Hi
Without the national insurance number, we are unable to provide an answer for your award status.
I would ask you to contact the helpline for confirmation.
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RE: Moving from Child Tax Credits to Universal Credit - required to look for work?
Hi
We require further information in order to answer as the question as it isn’t clear.