HMRC Admin 21 Response

Hi mailgvuk1,
Commonly foreign income and gains are ‘remitted to the UK’ if they (or something deriving from them) are:
brought to, or received in, or used in the UK by you or another relevant person
brought to, or received in, or used in the UK for your benefit or that of another relevant person
used to pay for a service provided in the UK to you or another relevant person
used to pay for a service provided in the UK for your benefit or that of another relevant person
used outside of the UK for a relevant debt in the UK
A remittance will not only occur if you remit the actual or original foreign income and gains to the UK. You will also make a remittance if you remit something that derives from them to the UK.
Thank you.

Hi Lightbulbmoment G,
Yes that will be correct if the untaxed savings are not included in your tax code.
Thank you.

Hi Elizabeth,
You may wish to set up a Personal Tax Account (PTA). You will then be able to check your records and manage your details with HM Revenue and Customs (HMRC).
There is also information that may help at: How to update your tax code.
Thank you.

Hi KuenHK Lam,
It is only the loss that needs to be reported within 4 years to ensure it can be used. If you make a disposal that is over the annual exempt amount this needs to be reported in the tax year that it arises.
Thank you.

Hi John G,
No.  Your 2023 to 2024 tax return is only for Income and Capital Gains arising in the period 6 April 2023 to 5 April 2024.  It should not include anthing outside of those date paramaters. Your tax return should only include your UK dividends, as you are not resident in the UK.
Thank you.

Hi SF95,
If you qualify for split year then you only report any foreign income for the UK part of the year:
Residence, Domicile and Remittance Basis Manual-RDRM12000.
If you do not qualify then you will need to report all your foreign income to the UK Tax on foreign income.
The guidance at RDRM12150 at www.gov.uk will help you work out if split year treatment applies. 
Thank you.
 

Hi Jo B,
He will be due PRR for the period he lived in it. The gain is based on the difference in value from the date purchased to the date sold.
Thank you.

Hi Hankle,
1. As you still meet Self Assessment criteria for foreign income you do not need to re-register. You can continue to use the same UTR to file your Self Assessment tax return.
2. You can still update your record to cease your self employment after 5 April at: Stop being self-employed
3. You would need to register again as self-employed if this started again but would remain the same UTR. 
Thank you.