HMRC Admin 10 Response
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RE: Transferring money between civil partners (Scotland)
Hi
Yes. The guidance covers the entire UK.
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RE: Additional pension contribution to claim tax relief for previous tax year (2022/2023)
Hi
The pension threshold for 22/23 is £40000 or the equivalent of your earnings if you earn less than £40000.00. You can carry forward the unused element of your pension threshold from the 3 previous tax year and add it to your threshold for 22/23. If your pension payment is below the new revised threshold, then there is nothing to report on your tax return. If you exceed the revised threshold, you declare the excess above the threshold on paper SA101 or in the online tax return equivalent box. -
RE: Process for decalring foreign savings & bring them to UK
Hi
If you have savings that were generated in tax years before you become resident in the UK, then those savings are considered to be capital and not taxable. If the savings arise in the tax year you become resident, then they could be considered income tax be taxable.
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re Freelance work - Registering with HMRC
Hi
The work where you are directly on the payroll is employment. Where you are required to submit invoices, is classed as self employment. If your total invoiced in the tax year is more than £1000.00, then you will need to register for self assessment, as self employed. You can do this at Set up as self-employed (a 'sole trader'): step by step . When completing your tax return, you declare your world-wide income, so you would include your employment income. Self assessment will calculate your tax and national insurance for your self employment. -
RE: Double Taxation UK/Germany
Hi
Yes. The payements to the overseas pension scheme should be declared on the tax return. Have a look at Claiming tax relief on your contributions to overseas pension schemes -
re Error on income - The amount entered for 'Turnover - takings, fees, sales or money earned by
Hi
Have you perhaps selected 'no' to the question ""Did you have an annual turnover of £85,000 or more?"". Please also only use whole pounds. Round up or down the pence to your benefit.
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re Qualifying loan interest payable + Pension
Hi
There is a box to declare any repayment made by HMRC during the year. On the paper tax return, you would enter the tax repaid in box 1 of page TR6 of SA100. On page 3 of 3 when tailoring your return, click 'yes' to the question ""Have you had any 2022-23 Income Tax refunded or off-set by us or JobCentre Plus?"".
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RE: How to manage someone's tax account online as Power of Attorney
Hi
You can use the paper registration form SA1 - Register for Self Assessment if you are not self-employed. When you send this in, include a certified copy of the power of attorney so that the records are noted correctly. -
re Reporting a CGT loss on a non-UK Reporting Status fund
Hi
These are not chargeable to capital gains and as such there is no capital loss. See guidance at What happens when I dispose of my shares/units in a non-reporting offshore fund? -
RE Confused over Inheritance Tax
Hi
If the house was left as part of the estate and sold for you to receive a share, the estate will be liable for any tax due. If it is a case that the house has been left to specific people and is being sold then capital gains will be due as it would be seen as the sale of a 2nd property - Tax when you sell property