HMRC Admin 10

Hi
We can only provide general information / guidance in this forum.  
For an answer to a detailed question of this nature, you would need to contact our self assesment helpline on 0300 200 3310, or seek professional advice.

Hi
You should contact the provider of the the second cash ISA and inform them of this error.  
They will close down the second ISA and refund the money paid into it to you.

Hi
Although NRE interest income is not taxable in India NRE interest income has often been mistaken as non-taxable in the UK this is incorrect, UK tax residents are subject to UK taxation on their worldwide income and gains subject to any remittance basis claims.
Under the UK-India Double Tax Convention, NRE account interest taxable in the UK can receive credit for Indian tax even if this has not been paid as the credit relief amount is calculated through the tax spared mechanism, which deems Indian tax to have been paid at the marginal rates applicable there. (UK-India DTC notes page HMRC’s Double Taxation Relief Manual DT9553).
Under the UK-India Double Tax Convention, NRE account interest taxable in the UK can receive credit not exceeding 15% for Indian tax even if this has not been paid.
UK tax relief not exceeding 15% is available for ten years from the opening date of the NRE account per Article 24(5) UK-India Double Tax Convention.
NRE interest income should be declared within an in individuals UK self-assessment return.
 

Hi
If you are UK resident in the tax year at the time of disposal and no capital gains tax is payable, there is nothing to report.  
If you are not UK resident at the time of disposal, you still need to declare the disposal, whether tax is payable or not.

Hi
Up until 5 April 2023 the threshold was 4*£12300 = £49200.  
From 6 April the threshold changed to £50000.

Hi Alvin Lee
Yes.  
The extra tax payable over the 13 years is set against the overpaid tax in the year the arrears a paid and taxed, with the difference being repaid.

Hi Alvin Lee
With arrears of pay/pension requests.  
HMRC would work out how much extra tax would be due in each of the tax years that the arrears were included.  
These extra amounts of tax are then set against the overpaid tax in the year the arrears is paid.  
Any remaining overpaid tax can then be repaid to you.  
It is not always beneficial for the arreats to be dealt with in this was, so each case must be reviewed on its own merit.

Hi Gary Tg
If you are considered not UK resident for the whole tax year, then split year treatent does not apply.  
Instead, you would declare that you are non resident in the tax return and declare any UK taxable income / gains.

Hi
No.  
You will need to submit a new request for a certificate of residence, with the correction applied.

Hi
If you meet the criteria for case 4, then you can use this for split year treatment.  
We cannot advise whether case 4 is appropriate to your circumstances or not.  
You would count from midnight on the day that you arrived in the UK as tax resident, when applying the residence tests.