HMRC Admin 10 Response
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RE: Left the UK in 2022 but kept UK savings account: tax on interests?
Hi
Joint savings interest should be split proportionally to the number of beneficiaries. If your interest from savings and investment income (excluding dividends), Chargeable Event and/or PPI interest is more than £10000, then you need to complete a tax return. -
re Need to send P85
Hi
Please have a look at Get your Income Tax right if you're leaving the UK (P85). If you are able, you can submit the P85 online. If not, you can complete the online form, print it off, sign it and post it to HMRC Pay As You Earn HM Revenue and Customs BX9 1AS.
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RE: split year treatment bonus
Hi
As the bonus relates to work you carried out in Hong Kong, while resident in Hong Kong, it is not taxable in the UK, even if you are resident in the UK at the time the bonus is paid. -
re Drink and foods allowance for a self employed teacher
Hi
No you cannot claim these as expenses. -
RE More than one businesses
Hi
You need to tailor your return at section 3 to say that you have more than 1 self employment. -
RE Split year and other country
Hi
Please enter the 3 character code for the last country you were in at 5 April 2023. -
re Applying for tax information as a non UK resident
Hi
No. It is not possible to apply to pay tax in the UK, you have to be resident in the UK or if not resident, then receiving income arising in the UK. You are taxable on your income in the country you are resident in. -
re Contributing to UK ISA after moving abroad
Hi
The statutory residence tests are to determine residency for income and capital gains tax purposes only. The fact you were resdient in the UK in the tax year 23/24, means that you can pay into an ISA until 5 April 2024. -
re End up capital loss for a year, need to report?
Hi
Please write to H.M. Revenue and Customs Self Assessment BX9 1AS, declaring the loss and including a supporting calculation. In your letter, you can also advise that you are setting the loss against the gain. In this way, no tax is payable, but you have reported the losses you are claiming. -
RE: tax liability in the UK when earning interest from a UK bank as a non-resident
Hi
If you have interest from savings and investment income (excluding dividends), Chargeable Event and/or PPI interest of more than £10000, then yes, you need to complete a tax return.