HMRC Admin 21 Response

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.

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.

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.
 

Hi Naveen,
Yes stamp duty is an allowable deduction.
Thank you.

Hi Annamaria,
We cannot comment on individual cases on this forum and can only direct you to the guidance.
Thank you.

Hi Mike,
No. your principle residence is sold at a no loss no gain for CGT purposes.
Thank you.

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.
 

Hi,
If you mum is resident in the UK when the disposal is completed, then, their could be a UK Capital Gains tax liability.  
Any gain is worked out using UK rules.  All figures used in any calculations must be converted to pounds sterling, using a just and reasonable exchange rate that applied at the time of acquisition and disposal.  As this is a foreign property disposal, it would be declared in a Self Assessment tax return.  Under the terms of Self Assessment, we do not provide an official exchange rate and the onus is on the individual to use a just and reasonable exchange rate for each acquisition and disposal.  
For your convenience, there are exchange rates at: https://webarchive.nationalarchives.gov.uk/ukgwa/20231016190054/
Exchange rates from HMRC in CSV and XML format
and for older rates at
https://webarchive.nationalarchives.gov.uk/ukgwa/20100602124114/Exchange rates from HMRC in CSV and XML format.  
You are free to use any of the supplied rates or one of your own choosing.  
There is a calculator at Tax when you sell property to help you work out the gain.  
As the property was your mums main residence for a period of time, she will be able to claim privare residence relief and include this in the tax calculation.  
Please have a look at: HS283 Private Residence Relief (2024) for more information.
Thank you.

Hi,
Student loan payments do not count.
Thank you.

Hi Paul,
Thank you for your question.  
Interest on mortgage payments is not allowable as an expense.
They are used instead as a reduction to your tax liability at 20%.  
You can find guidance on how to work this out at:
Tax relief for residential landlords: how it's worked out.
Thank you.