Jishnu Teegala

Hi Admin, But that is part of the issue, https://www.gov.uk/government/organisations/hm-revenue-customs/contact/self-assessment doesn't even work as there's no advisors available to speak to when i call, or chat to when i use the webchat, so i cannot even learn about what's wrong by contactigng them. Is there any way to ensure that i can get an advisor. I did try to register again, so hopefully i get the mail in the post this time.

Hi, On 16th July 2024, I registered for Self Assesment for the first time, and according to the tool here (https://www.gov.uk/guidance/check-when-you-can-expect-a-reply-from-hmrc), it says I can expect to receive a reply by 23rd August. However, it's nearly the end of September, and the 5th October deadline to inform HMRC is nearly past, yet I have not received any code in my mail. It tells me to contact HMRC, but both the phone helpline and online chat says advisors are not available, but I can't get an update without contacting them. What should I do in my case, because did I maybe not submit the form properly? Should I try to resubmit the form before the 5th of October, or should I just wait?

Hi, All of the questions below are with the context of using the platform Crowdcube. I have already taken a look at the helpsheet https://www.gov.uk/government/publications/enterprise-investment-scheme-income-tax-relief-hs341-self-assessment-helpsheet/hs341-enterprise-investment-scheme-income-tax-relief-2024 but i don't find it to fully address my question, which is why i am repeating it again. The helpsheet states "2. How to claim the relief " and "The details required for each investment are: the Unique Investment Reference (UIR) as shown on the certificate" and "If you made an investment in shares issued during the year for which you have not yet received a form EIS3 or EIS5, you cannot claim relief for that investment. You must wait until you have received a form. If you receive the form after you’ve sent your tax return, complete the claim form inside the EIS3 or EIS5 and send it to us." I have made EIS eligible investments during the 2023-2024 tax year, and intend to register for Self Assessment to claim them. Some of the investments have a statement confirming my beneficial ownership and date of issuance of shares, but don't have EIS tax certificate issued yet. Does this mean that even for investments where shares have been issued within the range from 6th April 2023 to 5th April 2024 (2023-24 Tax Year), if the EIS Certificate has not been generated yet, i cannot include it in my SA covering the 2023-24 Tax Year, and that if i do decide to submit today and receive the EIS certificate later onwards, I will need to send the EIS3 form via post?

Hi, I am not the Original Poster but I can see that the relief is available in tax year in which the the shares have been issued, but i have a few questions. All of the questions below are with the context of using the platform Crowdcube. 1) 1.1) I have made EIS eligible investments during the 2023-2024 tax year, and intend to register for Self Assessment to claim them. Some of the investments have a statement confirming my beneficial ownership, but don't have EIS tax certificate issued yet. Can i still enter them in the 2023-2024 tax year self assessment that i intend to complete later this year? 1.2) For some investments the money left my hand in 2023-2024 tax year, but the shares have not been issue yet, and i anticipate that the shares will be issued in the 2024-2025 tax year. Would these need to be claimed in self assessment after the 2024-2025 tax year finishes if i intend to do self assessment? 2. I made some EIS investments in the 2022-2023 tax year, and because I am a PAYE employee, i sent the EIS3 claim forms to HMRC's address via post on August 2023. I have contacted them multiple times, and they they said that they would give me a reply soon, but they have been constantly delaying. I have had enough of chasing them, which is the reason why i intend to file for self assessment. My Question for this is that because i have already sent the EIS 3 claim forms, would it be possible to instead get the refund through self assessment somehow so that i can get the payment as soon as possible? Or do i just need to wait for the forms to be processed? Thank you.

Just for my understanding, let me assume that i decide to file Self Assessment online: If i do not use form 86, i can claim the full 35% withheld via SA? However if do use the Swiss Form 86, I can only claim the remaining 15% via SA? Additionally, what category is the refund under if i decide to claim the full 35%? Would it be Foreign Tax Credit Relief? and how would this change if i used Form 86, would it still be under FTCR? And how would this change if i received more than the Dividend Allowance, i assume i would get less than the 35%/15% remaining balance withheld? Thank you in advance.

Hi, I am a basic rate tax payer and forecast to be paid less than the dividend tax free allowance. I have shares of a Swiss company which is listed on the Swiss Stock Exchange (SIX). I will be paid dividends, but there is a 35% Withholding Tax. Although I will not file for Self Assessment, i have looked at this HMRC manual https://www.gov.uk/hmrc-internal-manuals/self-assessment-manual/sam121615 which states that i can either: a. use the Swiss Tax deducted as a refundable Tax Credit against my UK Tax Liability or b. Treat the Swiss Tax as satisfying the total UK Liability I intend to claim a 20% refund using Form 86 from the Swiss Tax Authority website [ admin removed link]but how would i get relief for the remaining 15%? Would i still have to file SA to get the refund even though I'm a basic rate tax payer and will receive dividends less than the dividend tax free allowance? I do not think Option b would be applicable to me because i should have 0 tax liability for dividends in the UK. Additionally, If choose option a, would be possible to directly just claim 35% tax credit relief, or would i have to still get the 20% refund, and then claim 15% from HMRC. Assistance would be greatly appreciated.