terrywykwong kwong

Hi, If I have been ceased all the business, should I report it immediately to HMRC or reprot to HMRC together with 2024/2025 tax retrun? And as I experience loss in capaital and no class2 NI have been contribiuted, Do I still need to contact with HMRC? Thanks Terry

Hi, If I have already cease trading on Feb 2025, should I contact HMRC right away to cancel my class2 NIC wtihin the taxable year or I can make it later (after 5 April 2025)? thansk you

hi, I register as sole trader and trying to trading stock in trading platform on 2023/2024, and my account have lost on 2024/20245 year, I am going to stop such business on 2025/2026 year, I am not going claims any allowance and what should I do with HMRC and how? 1. Report to HRMC about my business? 2. Cancel my class-2 NI registration? thx

Dear HMRC, I have US bonds interest income over last taxable year"2023/2024", and the interest recieved every month in USD and it is not yet to convert to GBP.I know I have to use a HMRC official approvalexchange rate found in website. My question is: Can I use any of the monthly rate which is in favour of my taxable income? Or Do I need to use the monthly rate of Mar 2024 as it is close to 5 April 2024? Or Do I need to use the yearly average rate of 2023? Thx