HMRC Admin 21 Response
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RE: Voluntary severance payment into AVC
Hi PeeBee,
You only need to report anything if you have a charge to pay. You should keep the records for yourself based on guidance at HS345 Pension savings — tax charges (2024).
Thank you. -
RE: Accidental ISA Exceed - next steps?
Hi johnny johnny,
No, we have a specific team that deal with your type of situation and they will contact you in due course regarding any further action to take.
Thank you.
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RE: Tax on interest income & dividend
Hi chiyu,
In order to give you the best advice here, we may need to confirm some elements of your query. To allow us to do this, contact us by webchat or phone via Income Tax: general enquiries.
Thank you. -
RE: URT No.
Hi wilsonchuys CHU,
If you have not yet received a UTR following your NRL registration, you may have to do so seperately.
Contact us by webchat or phone via Self Assessment: general enquiries to allow us to check if a UTR has been issued, and register you if necessary.
Thank you. -
RE: Moved abroad and seeking advice on form SA109
Hi riy87,
As you have already filed, then yes you need to send this in the post. for future years, you cannot file online if you need the residence section unless you buy 3rd party software.
Thank you. -
RE: CGT on an inherited property
Hi Meekadoz,
CGT would apply at the time your partners share of the property was no longer hers, be that by selling the whole house of the brother buying her out.
Thank you. -
RE: Local government pension (lump sum) tax Spain
Hi Beiderbeck Dunleath,
Local government pensions remain liable to tax in the UK unless you are a national and a resident of Spain. This should therefore not be decalred to Spain unless you meet the conditions. if you do, then you need to apply for exemption in the UK.
Thank you. -
RE: Maximum Savings Interest before I need to pay tax
Hi 2005WL mearns,
Yes your wife would be entitled to the starting rate for savings and personal saving allowance.
Details online at Tax on savings interest.
A Self Assessment would be due if the untaxed savings interest was more than £10,000.
You can check if you meet Self Assessment criteria at Check if you need to send a Self Assessment tax return.
Thank you. -
RE: Declaring tax on side hustle
Hi aperci123,
Yes that is correct you will receive a Unique Tax Reference, UTR, once your self employment registration is processed.
You will also receive a notice to file your tax return. Once you receive your UTR you can then enrol to file your Self Assessment online using your online account. Once enrolled you will receive an activation code and once entered you can then file your Self Assessment tax return online.
Thank you. -
RE: CGT calculation with house ownership shared with Spouse
Hi deano1,
We cannot comment on any form of calculation/example or scenario, whether fact or fiction. We can only point you the direction of the guidance, so that you can review the guidance and to allow you to make an informed decision. If, after that you still need advice, you need to employ the services of a financial adviser.
The relevant guidance for residence relief is at Private Residence Relief (Self Assessment helpsheet HS283)
Thank you.