HMRC Admin 21 Response

Hi John,
In response to this we can confirm that, that is correct.
Thank you.

Hi Jane,
Our response is that A is correct.
Thank you.

Hi,
Article 18 of the UK / Singapore tax treaty (Singapore: tax treaties) makes no mention of lump sums.  
This means a lump sum is taxable in the UK.
You can claim back any excess tax deducted by your pension provider by submitting a P53 claim.
You can do this at Claim a tax refund when you've taken a small pension lump sum (P53).  
When we have worked out any repayment due to you, we will send you a cheque.
We can send this direct to you at your home address or to your nominee’s address.
The cheque can only be paid into an account held in your name or your nominee’s.
Thank you.

Hi,
HMRC cannot comment on any situation until after the fact as we might not be in possession of all of the relevant information. However, we can advise sign post to helpful parts of the Capital Gains Manual as follows;
CG11700P - Introduction and computation: chargeable assets: introduction: contents
CG70200P - Capital Gains Manual: Land: Land: Introduction to CGT and land: contents
CG70500P - Capital Gains Manual: Land: Land: Tenants in common and joint tenants: contents &
CG73000 - Land: exchange of joint interests.
Thank you.

Hi,
If the pension contributions are taken from your net income then you would declare this on the payments to pension scheme payments section.
If submitting the paper tax return it would be page TR4 box 1.
If online on the tailor your tax return section you would answer yes to the question- Did you make contributions towards a personal pension or retirement annuity? This will open the section to declare the pension contribution made to receive the tax relief.
Thank you.

Hi,
As you are the beneficial owner of the property and it was your main residence, you are entitled to claim private residence relief.  
This may cover any gain, meaning there is no capital gain.  
You should take a look at the helpsheet:
 HS283 Private Residence Relief (2024).
 There is also a capital gains tax calculator at:
 Tax when you sell property.
Thank you.

Hi,
The valuation for inheritance tax puropses and Capital Gains tax purposes is the the value of the property on the date your mother passed away.
It is on this date that you inherited the property.  
This is the valuation that would be declared in probate and should be used when working out any Capital Gain.
Thank you.