HMRC Admin 10 Response

Hi
You would need to check with the overseas authorities to see if they would accept it. You will also need to declare a capital gain as this would be seen as a disposal of the property unless it was gifted to a spouse or a charity.

Hi
No.  There is nothing to worry about in that respect.  The self assessment and partnership pages are divided into the short version and the full version.  There are some circumstances that require the completion of the full version, as the required boxes are not found on the short version.

Hi
A certificte of residence is only issued where a UK tax resident has sources of foreign income or capital gains and foreign tax will be deducted eithout it.  Where there is no foreign income, but there may be a foreign tax implication, we would issue a letter of confirmation of residence.  In situations where neither a certificate of residence or a letter of confirmation of residence are appropriate, we ask that you contact the relevant tax authority to find out what they will accept.  
 

Hi
You can move it provided that in doing so, you do not exceed your £20000 allowance.

Hi#If the property was your main residence for a period of time, then private residence relief is available to claim for that period.  If the property was then let under furnished holiday lettting, then business asset disposal relief is also claimable.  If more that one code applies, then you choose 'MUL' in the capital gains section of the tax return.
 

Hi
The guidance on this change to the remittance basis, are still being written and may change.  This means that we cannot comment on the new rules at this time.
 

Hi
A 401K is an Individual Retirement Account.  It is taxable in the UK as you are a UK tax resident, whether taken as regular payments or a lumpsum, under interest and not pensions.  The IRS also has the right to tax your 401Ks, meaning that you have to claim a foreign tax credit in a self assessment tax return of up to 100% of the foreign tax paid.

Hi
Please click 'no' to the student loan question or you will be incorrectly charged student loan by HMRC.  You will need to contact HMRC on 0300 200 3310 and advise that you have paid off your student loan.  We can then contact the student loan company and update your records.