HMRC Admin 21 Response

Hi Zaphod,
I am afraid that it is not possible to reclaim tax that has been paid on income subsequently used to pay NICs on a voluntary basis.
These are assessed at a ‘flat rate’ and they are a personal expense, it is an individual choice whether or not to make payment. 
Thank you.

 

Hi,
There are generally no Income Tax implications on the giving of or receipt of a cash gift unless the cash gift generates interest or dividends. These would then potentially be subject to tax.
Further guidance can be found here Tax on savings interest: Tax on savings interest.
Tax on dividends: Tax on dividends
Inheritance Tax is only due when a person's estate is worth over £325,000 when they die, or if the person who died gave away more than £325,000 in gifts in the 7 years before they died.
The rules on giving gifts can be found here: How Inheritance Tax works: thresholds, rules and allowances-tax/gifts.
You may also want to review the guidance at: How Inheritance Tax works: thresholds, rules and allowances.
Thank you.

Hi Stephen,
That is for the Australian tax authorities to answer. any UK interest will now need to be taxed at source as you are not UK resident.
Thank you.

H i Paula,
You need to pay Capital Gains Tax when you sell (or 'dispose' of) an asset if your total taxable gains are above your annual Capital Gains Tax allowance. As your husband's ex wife is disposing of her asset, she might be liable to CGT. As your husband and his son are retaining their share they will not be at liable at this time, but maybe in the furture if they choose to sell or dispose of the asset.
You can find out more information here: Capital Gains Tax.
Thank you.

Hi Justin,
As you opted to get Child Benefit payments and pay the High Income Benefit Charge, you pay the charge at the end of each tax year. 
This means that if you opted to repay the charge through your tax code, you still may be liable to pay a charge for 24/25 at the end of the current financial year. 
To understand your specific personal circumstances you should contact us by phone: 
Child Benefit: general enquiries.
Thank you.

Hi snow bubble,
You can find out when you can expect to receive a reply form HMRC here: 
Check when you can expect a reply from HMRC.
Thank you.

Hi GS Kilmore,
Your allowances for earning interest before you have to pay tax on it include:
your Personal Allowance
starting rate for savings
Personal Savings Allowance
Please see the guidance at: Tax on savings interest.
for more information. Your options if you exceed your allowances are also covered here.
Thank you.

Hi Hadyne,
The maximum you can currently invest each year in ISAs is £20,000. 
You can have £20,000 in one account or split the allowance across multiple accounts.
As you have already invested £20,000 in the current tax year you will need to wait until the next tax year to invest a further £20,000 in any ISA account. 
Individual Savings Accounts (ISAs)
Thank you.

Hi Bethany,
Contact us by webchat or phone via Income Tax: general enquiries, and we can check that the payments have been calculated.
Thank you.

Hi Philippa H,
The links provided in the previous answer register you for Self Assessment. Registering you for Self Assessment generates a UTR, which we then send you.  You can then use this UTR to file your Self Assessment return.
Thank you.