HMRC Admin 21 Response

Hi cjp,
You can use any of the rates in the tax year applicable to when bought and sold. HMRC rates are at HMRC currency exchange average rates - GOV.UK (trade-tariff.service.gov.uk)  and Exchange rates from HMRC in CSV and XML format.
Thank you.

Hi Octopus91,
Please refer to:
PTM133810 - Unauthorised payments: Deemed or specific situations that are unauthorised payments: recycling of pension commencement lump sums: overview.
Thank you.

Hi Win,
Here is our response to your questions:
1. yes   2. yes
Thank you.

Hi pikeface999,
There are only 5 ties in total, so you can only have a maximum of 5 ties.
There is a family tie, an accommodation tie, a work tie, a 90 day tie and a country tie. Once you meet the family tie with one child, you do not need to consider the other children, as you have already met the tie.
The accommodation tie guidance at RDRM11550 advises that you will have an accommodation tie if you spend 1 night in your motorhome, as it is available to you for a continuous period of 91 days or more.  (RDRM11550 - Residence: The SRT: Accommodation tie).  
A home can be a building, or part of a building, a vehicle, vessel or structure of any kind which is used as a home by an individual. It will be somewhere which an individual uses with a sufficient degree of permanence or stability to count as a home.
The tables at RDR show the numbers of nights you can remain in the UK and be not tax resident, based on the number of ties you meet.
Thank you.

Hi Kenny,
In  response to your question the answer is No.
Thank you.

Hi hannah,
As the 2nd property results in a loss, there is no need to report using the 60 day reporting system. you can then claim the loss at the end of the tax year in your tax return.
Thank you.

Hi LDLA HK_UK,
I cannot comment on scenarios. If you dispose of a foreign residential property while resident in the UK, then you may have Capital Gains tax to pay on the disposal.  Any Capital Gains tax is calculated using UK rules, which includes private residence relief.  
Have a look at:  HS283 Private Residence Relief (2024) and Capital Gains Tax.
Thank you.

Hi KuenHK,
You make a NVC in your self assessment supplementary page SA108 and claim losses as a result.  You also need to provide supporting evidence of the NVC along with your tax return. You would only need to complete SA106 if you had overseas income or gains and had tax deducted.
Thank you.

Hi klyveld,
If you have invested the full 20k for this tax year you will now need to wait until after 06/04/25 to open/deposit a new one.
Thank you.

Hi rickpharm,
No matter which house you die in, if still owned by you, they would form part of your estate and may give rsie to Capital Gains if sold after. This is based on current guidance and HMRC cannot confirm this wll be the case for the future.
Thank you.