HMRC Admin 21
-
RE; Exchange rate on foreign transactions
Hi piemmepi,
In response to your question- it is option 1.
Thank you. -
RE: CGT due on house gifted 11 years ago and is not main residence
Hi PhilipL22 L,
Please refer to the following Guidance -
Tax when you sell property and Tax when you sell your home.
Thank you. -
RE: HMRC Transfer of Residence Application
Hi Andriuhivity
While your personal tax account may only make your records from 2019/20 available, you can apply for a record from any year here -
Request your employment history from National Insurance records.
Alternatively, contact us by webchat or phone via Income Tax: general enquiries.
Thank you. -
RE: Question about Savings interest
Hi BlueBerry14,
Your banks and building societies will contact us at the end of the tax year to inform us of any savings interest you received. If any tax is due on this figure of interest, we will contact you detailing options on how to pay this. This figure of interest is also used to predict the savings interest you will receive in the following tax year, which is then applied to your tax code.
You can read more here - Tax on savings interest.
Thank you.
-
RE: Voluntary severance payment into AVC
Hi PeeBee,
You only need to report anything if you have a charge to pay. You should keep the records for yourself based on guidance at HS345 Pension savings — tax charges (2024).
Thank you. -
RE: Accidental ISA Exceed - next steps?
Hi johnny johnny,
No, we have a specific team that deal with your type of situation and they will contact you in due course regarding any further action to take.
Thank you.
-
RE: Tax on interest income & dividend
Hi chiyu,
In order to give you the best advice here, we may need to confirm some elements of your query. To allow us to do this, contact us by webchat or phone via Income Tax: general enquiries.
Thank you. -
RE: URT No.
Hi wilsonchuys CHU,
If you have not yet received a UTR following your NRL registration, you may have to do so seperately.
Contact us by webchat or phone via Self Assessment: general enquiries to allow us to check if a UTR has been issued, and register you if necessary.
Thank you. -
RE: Moved abroad and seeking advice on form SA109
Hi riy87,
As you have already filed, then yes you need to send this in the post. for future years, you cannot file online if you need the residence section unless you buy 3rd party software.
Thank you. -
RE: CGT on an inherited property
Hi Meekadoz,
CGT would apply at the time your partners share of the property was no longer hers, be that by selling the whole house of the brother buying her out.
Thank you.