HMRC Admin 21 Response
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RE: Certificate of Residence
Hi AJP,
You can expect a reply by 19/03/25. to get a quicker response, reapply at:
How to apply for a certificate of residence to claim tax relief abroad and select the online service option.
Thank you. -
RE: Forex trading - capital loss
Hi J Patel,
Please refer to:
BIM22015 - Meaning of trade: exceptions and alternatives: betting and gambling - introduction.
Thank you. -
RE: ESPP Taxable Gain
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RE: Remote working for an overseas employer
Hi,
If the business has no UK premises at all, you will more than likely require a direct payment scheme. This enables you to account for and pay HMRC any tax and national insurance liabilities due on your salary. The scheme will be set up in your own name and we require the details of your overseas employer.
Please contact Employer Helpline on 0300 200 3200 to discuss further.
Thank you. -
RE: Car salary sacrifice- underpayment
Hi,
Yes, ultimately the employee has received an overpayment of wages.
The business should discuss with the employee the difference in the net pay amounts and discuss how this will be paid back.
Please see our guidance " overpayments or underpayments of salary" section 1.19 for more information -
2024 to 2025: Employer further guide to PAYE and National Insurance contributions.
Thank you. -
RE: Self employed but no option to pya voluntary class 2 NICs
Hi,
Please find guidance here:
Pay voluntary Class 2 National Insurance contributions if you do not pay through Self Assessment and,
Voluntary National Insurance.
Thank you.
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RE: Deductible Items from calculating the capital gain
Hi Naveen,
Yes stamp duty is an allowable deduction.
Thank you. -
RE: Capital gains Tax after divorce
Hi Annamaria,
We cannot comment on individual cases on this forum and can only direct you to the guidance.
Thank you. -
RE: CGT loss on principal personal residence
Hi Mike,
No. your principle residence is sold at a no loss no gain for CGT purposes.
Thank you. -
RE: Capital gains tax and selling inherited property
Hi Peter,
Please have a look at the guidance at:
Dealing with the estate of someone who's died and Dealing with the estate of someone who's died as this will cover inheritance tax guidance and capital gains tax. If Capital Gains tax arises on the disposal of the property, then this should be reported and paid within 60 days of the completion date.
Thank you.