HMRC Admin 21 Response
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RE: Ceasing an FHL business on 5th April 2025
Hi,
HMRC cannot comment on future events as legislation and/or plans may change.
Thank you. -
RE: Tax on savings by international students
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RE: Pension From Hong Kong
Hi,
If the terms of the Double Taxation treaty confirm the income is only taxable in Hong Kong, you do not declare it. However, you still make reference to it in the comments box and under which article it is tax exempt.
Thank you. -
RE: Election to pay CGT in 10 annual instalments
Hi Jed,
You cannot apply for this before hand. The gain has to be reported in order to the claim to be considered. Any claim must be made in writing.
Thank you. -
RE: Cash basis - car for driving instructor
Hi Driver,
This forum is for general queries only and is intended to help you self-serve. We are unable to provide specific advice tailored to individual circumstances. If after reading the guidance you are still unsure, you will need to contact us direct. -
RE: Gifting half of property to spouse
Hi,
There is no CGT at the time of transfer as you are civil partners. any CGT would only be applicable upon selling if the property was no longer your main residence. We cannot comment on SDLT as this forum is for personal tax only.
Thank you. -
RE: Would HMRC have kept Probate Application Form/ Papers from 2008 needed for CGT PPR Valuation?
Hi,
If the probate information was sent in along with the LPA then yes. you would need to contact HMRC direct to get this information. if only the LPA was sent we would have no details.
Thank you. -
RE: Employer Pension Contributions for SMP
Hi,
You will need to discuss this with your Pension Provider.
Thank you. -
RE: Salary paid while in Maternity
Hi,
If you have an agreeement the employee will repay overaid wages (this would be from their pocket or from thier net pay), you can amend your payroll to the correct figures. Please note you would only recover the net overpaid difference from the employee and not the gross difference.
Thank you. -
RE: BIK Car Charging
Hi,
This would make no difference to the tax treatment of charging electric cars.
Thank you.