HMRC Admin 21 Response

Hi Ari,
As we are still awaiting draft legislation on any changes to FHL taxation / reliefs and that we can’t provide financial planning advice.
For advice on FHLs please refer to HS253 (HS253 Furnished holiday lettings (2024)),
for BADR helpsheet HS275 (HS275 Business Asset Disposal Relief (2024))
and for holdover relief helpsheet HS295 (HS295 Relief for gifts and similar transactions (2024)).
Thank you.

Hi diycrazy,
Per the guidance: Report and pay your Capital Gains Tax, scroll down to the section for reporting for an estate.
Thank you.

Hi harvshow B,
As long as HMRC have been advised of the alternative split and you have your acknowledgement then yes it will be declared as per the beneficial ownership.
Thank you.
 

Hi Andi,
HMRC cannot advise you on this as it is you who needs to tell us the amount of gain made.
Guidance is at: Capital Gains Tax: what you pay it on, rates and allowances.
Thank you.

Hi Hulya,
For the earlier years it will depend on the information that you have given on the P85. If you gave a leaving date from Spetember 2021, all years will be looked at for any refund.
Thank you.

Hi riy87,
It is the whole tax year.
Thank you.

Hi jordanameliacarroll,
I'm sorry for any stress this issue may have caused you. It's most likely that the amount requested is an amount that was becoming due when your Self Assessment record was closed, and our system may have missed in cancelling.
To review this for you, you can contact us by webchat via Self Assessment: general enquiries - just click 'ask HMRC online' and ask to speak to an advisor.
If you would like to make a complaint about your experience, search for: Complain about HMRC
Thank you.

Hi diycrazy,
Please refer to guidance at: Report and pay your Capital Gains Tax.
Thank you.

Hi Gram-UK,
A nomination can only be backdated for 2 years so it is possible that capital gains will be due on your share. For a more detailed reply you will need to contact us direct on 0300 200 3310.
Thank you.

Hi Roxburgh,
Your wife is free to choose which ever property she wishes to have treated as her main residence, provided the declaration is made in writing within two years.  This does not need to be the same residence as you declare as your main residence.
CG64545 advises that "Where a notice is not made, or an invalid notice is made, the residence which attracts relief is the dwelling-house which is the main residence as a matter of fact".
(CG64545 - Private residence relief: two or more residences: no valid notice made).
Thank you.