HMRC Admin 21 Response
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RE: Capital Gains on Stock Option Sales
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RE: Being gifted a primary residence and maintaining current owned home
Hi Paul D,
We cannot comment on scenarios, we can only provide general information / guidance in this forum. For an answer to a detailed question of this nature, you would need to contact our self assesment helpline on 0300 200 3310 or seek professional advice.
Thank you. -
RE : split year , Oversea income
Hi DLHK2UK,
Please have a look at RDRM10610, which advises how to count days.Residence, Domicile and Remittance Basis Manual.
Thank you. -
RE: Confused about mileage refund
Hi Claire,
We would need to access your record to check the calculation.
You can contact HMRC at Income Tax: general enquiries for-individuals-pensioners-and-employees.
Thank you. -
RE: SEIS/EIS loss relief if a company is liquidated
Hi baggervance,
Please have a look at the guidance at HS393 (Seed Enterprise Investment Scheme — Income Tax and Capital Gains Tax reliefs (Self Assessment helpsheet HS393)) and CG21500P - Individuals: losses: contents. regarding losses.
Thank you. -
RE: Roth IRA Withdrawal for non-US Expat in UK
Hi foobsall,
Roth IRA schemes are not taxable in the USA, so are not taxable in the UK.
Thank you. -
RE: Have I overpaid on tax?
Hi Eileen Allardyce,
If you contact HMRC we can check the correct tax was deducted Income Tax: general enquiries for-individuals-pensioners-and-employees.
Thank you. -
RE: Non UK earner and tax on pension lump sums
Hi Gau Mik,
Part of the criteria for self assessment is being in receipt of foreign income, even if it is not taxable in the UK. You would complete a self assessment tax return, in which you would declare your foreign employment income (SA102) and also claim relief for 'Foreign earnings not taxable in the UK' (box 12 of page Ai2, SA101). In this way, you are declaring your world wide income. You would also include your pension and tax deducted. Any repayment of tax will be through self assessment.
Thank you. -
RE: Is back dated self assessment required
Hi J Lee,
As you were unemployed for the remainder of the tax year, from your date of arrival, the exemption for small amounts of foreign income, does not apply.
To claim split year treatment, requires the completion of a self assessment tax return, in which you would declare your UK income and capital gains and any foreign income and capital gains arising from the date you arrived in the UK.
The due date for a 21/22 tax return has passed and late filing penalties will be applied. You can appeal those penalties at Appeal a Self Assessment penalty for late filing or late payment, but only after the tax return has been submitted.
Thank you.