HMRC Admin 21 Response
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Re:How to input 'Total adjustments due to Marriage Allowance' and 'HMRC Refund' in self-assessment
Hi felixk,
To have Marriage Allowance applied to your 21/22 and and 22/23 statements, you and your partner should first apply for Marriage Allowance via www.gov.uk/marriage-allowance. When you then submit your returns for these years, the transfer should show on each individual calculation. If your 22/23 income tax refund was repaid to you before you began filing Self Assessment, you should include the amount refunded on the page titled 'Tax refunded or Set Off'. Untaxed Interest should be declared by clicking 'Yes' to the question 'Did you receive any interest' on the 'Tailor Your Return' page 2 of 3, then entering the amount received under 'Untaxed UK Interest etc'
Thank you. -
Re:Payment for self-assessment with a debit card from a Ukrainian bank
Hi Dim
You can pay by post, by sending a cheque or payslip, which you can print off from Pay your Self Assessment tax bill . Alternatively, call our Debt Management team on 0300 200 3820.
Thank you. -
Re:Foreign Book Royalties
Hi Prothias,
Question 1 Answer:
This is reported in the self emlpoyment section of the tax return. As no foreign tax was paid, you do not need to record it in the foreign section as well.
Question 2 - Answer:
As in the earlier reply, it is to be reported as self employed income and you will therefore need to register as such.
Thank you. -
Re:Fellowship grant/stipend at university
Hi fellow75
The concepts of “earnings from an office or employment and “income from a scholarship” are mutually exclusive. An amount paid as salary or wages is distinct from an amount awarded and paid to an individual under a scholarship. If there is no office or employment then the income cannot be taxable as employment income. In order to tax the payments as employment income you must be able to demonstrate that the income was received in respect of an office or employment and not under a contract of training. For this reason, the vast majority of bursaries and scholarships in the UK are not taxable.
Thank you. -
Re:Borrowing money to buy stocks and remittance basics
Hi Tom9918
Please have a look at the guidance at RDRM33050, showing examples of remittances to the UK, asit includes offshore loans. (Residence, Domicile and Remittance Basis Manual).
Thank you. -
Re:Tax partnership no longer necessary
Hi Deborah,
You will need to submit a nil return for the partnership to close the record and then declare the income as self employment.
Thank you.
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Re:Freelance Job in HK
Hi Paul_121
If tax has been deducted on the income as a consultant you will declare it in both the SA103 and SA106 in order to claim foreign tax credit relief. if not, then only on the SA103. for the interest, if tax deducted, its on the sa106, if not, then box 3.
Thank you. -
Re:First Self Assessment - Other incomes
Hi,
Please have a look at Tax on lump sum death benefit payments. You should also check with the policy provider, who will be able to confirm whether the payments from the policies are taxable.
Thank you. -
Re:Help on Self Assessment Calculation
Hi J,
As your income is over £100,000 you are not due full personal allowances. See guidance at Income Tax rates and Personal Allowances. If you received the full personal allowance in your tax code then this would cause an underpayment of tax. As this would not come to £2999.80 then we would need to review the calculation for the difference. If you submit the Self Assessment and allow 3 working days to process to HMRC records and then contact us we can check the calculation. Self Assessment: general enquiries.
Thank you. -
Re:Starting rate for savings
Hi WM,
You would have your personal allowance of £12570 to set against your £13000 salary. You would then have the £1000 savings allowance set against savings interest with the balance at 20%.
Thank you.