samuelkfp2000

It is mentioned that "When the gilt reaches its maturity date, the Government pays back the lump sum it borrowed, which is £100 per gilt. This gain isn't subject to tax, not even capital gains tax." I got that the above gain is not subject to tax and even capital gain tax. Is it mean I do not need to report this gilts gain (excluded coupon rate) in self assessment?

I have bought UK government bonds (gilts) with the price 97 pounds , held it until maturity and got 100 pounds. That means, I got 3 pounds gain per unit of gilts, excluded the coupon. Should i report this gilts gain on price difference in self assessment? Is there any specific sections in self assessment that is dedicated for such gilts gain?

I had a charity donation with gift aid in financial year 2023/24. I am in basic rate in 2023/24 and higher rate in 2024/25. Can I increase financial year 224/25 basic rate limit by using previous year 2023/24 charity donation?

I was contributing to the work place pension provided by my employer. The monthly pensions contribution amount was directly deducted from my monthly salary pay. I did not use up the pension annual allowance in last year. I am over contributing to work place pension in this year and would like to use the unused pension annual allowance of last year to cover the over contributions of this year. Do I need to input any information in self assessment form to reflect that I make use the unused annual allowance of last year?

Hi, I have applied successfully the marriage allowance to transfer tax relief to my spouse for 2022-2023.
For 2023-2024, my overall income is more than 12570 pounds and no more eligible for marriage allowance.
Should I explicitly submit a request to cancel the marriage allowance for 2023-2024?

Hi, I submitted my 2022-2023 self tax assessment on 15-Jan-2024 and paid the tax for Jan-2024 and Jul-2024 on 15-Jan-2024 altogether. I found that I input a higher amount for my 2022-2023 employment income. I amended and submitted the self tax assessment of 2022-2023 on 16-Dec-2024 to have a lower employment income. That means I have over paid the tax for 2022-2023. How can I get the refund of the overpaid tax payment?

Hi, I had an account in Hong Kong stock broker firm (Interactive Brokers Hong Kong Limited) and my account was holding shares of an UK listed company shares (HSBA). Should I report the dividend of this HSBA shares as UK dividends or foreign dividend? Similarly, I had another stock account in UK broker firm (Interactive Brokers (U.K.) Limited) and my account was holding shares of Hong Kong listed company shares (HSBC). Should I report the dividend of this HSBC shares as UK dividends or foreign dividend?