HMRC Admin 10
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RE: Registration NRL
Hi
You will need to contact the Non Resident Landlords helpline on +44 300 322 9433. -
RE: How to declare assignment of beneficial interest
Hi
As per my earlier reply, you have stated that the account is in your name only, you would need to declare 100% of the income. a declaration of trust cannot be applied retrospectively. -
RE: How to declare assignment of beneficial interest
Hi
As it is an account in your name only you would need to have a declaration of trust showing that you are not the beneficial owner of any interest generated. This needs to be witnessed by a 3rd independant party and must specify what the revised split is. -
re Repairs to house before sale
Hi
Yes you can. -
RE: Receiving a gift - overseas
Hi
For the recipient, it doesnt matter where the funds have came from. -
RE: Claiming expense of uniform and equipment every year for my self employment
Hi
If you meet the criteria for buying work related clothing then you can claim each year. The clothing has to be wholly for your self employment to qualify. -
re CG allowance when there is both CG on property and on shares?
Hi
The allowance is allocated against the source that is the most beneficial to you. In this case it would be the property gain. -
re Being tax on income under £12,500
Hi
The income will be covered by your personal allowances so that no tax is due. However, as it is foreign income and self employment, you need to complete a tax return to declare this. -
re Adjusted Net Income
Hi
The pension company that your contributions are made to claim 20% relief and if your are a higher rate or additional rate tax payer then you can claim the additional 20% or 25% relief.