HMRC Admin 21 Response

Hi James,
You will not be liable on the transfer of the actual capital but you will need to declare any interest or dividends that this then generates.
Thank you.

Hi Jimjota35,
Please refer to: Guidance HS283 Private Residence Relief (2024) and Self Assessment tax returns.
Thank you.

Hi Hardy332,
Please have a look at the guidance at TSEM9930 (TSEM9930 - Ownership and income tax: Specific types of property: bank and building society accounts - legal and beneficial ownership).
Thank you.

Hi Chris H,
We cannot comment on scenarios, we can only provide general information / guidance in this forum.  
You can find guidance on the remittance basis at section 9 of Residence, domicile and the remittance basis: RDR1.
For an answer to a detailed question of this nature, you would need to seek professional advice.
Thank you.

Hi Yiu Wa Ng,
The guidance at Foreign notes Tax year 6 April 2023 to 5 April 2024 (2023–24) advises that you fill up the three rows  A - F with your foreign interest and include the remaining countries on a separate sheet of paper.  
The total figure entered in box 4 must be the total of all of the foreign interest and not just the 3 displayed.
Foreign Tax year 6 April 2023 to 5 April 2024 (2023–24).
Thank you.

Hi Reece,
You are the legal and beneficial owner of the property your brother lives in.  
When you gift the property to your brother, you will potentially have Capital Gains tax to pay, using the market value of the property at that time.
The property purchased from your mother is jointly owned and your brother may have Capital Gains tax to pay should that property be disposed of.
Thank you.

Hi mdilekkizmaz,
This may be seen as an investment by the provider of the gift and you may therefore want to check further.
Thank you.

Hi CherylW,
Please refer to: Capital Gains Tax summary notes Tax year 6 April 2023 to 5 April 2024 (2023–24) - this is the notes on how to complete the Capital Gains section and the questions are the same as the online return.
Thank you.

Hi Sunil,
Please refer to guidance at: Capital Gains Tax: what you pay it on, rates and allowances.
Thank you.

Hi SB04,
Capital Gains arising from the disposal of crypto can be calculated at at Tax when you sell shares.
You can report and pay your Capital Gains tax at: Report and pay your Capital Gains Tax.
You have until 31 December after the tax year has ended to report using this service, after which you must declare on a Self Assessment tax return.
Thank you.