HMRC Admin 8 Response

Hi,
You can do the exchange at the end of the year.
HMRC rates are at:
HMRC currency exchange average rates
Thank you.

Hi,
Please refer to https:
HS296 Capital Gains Tax and Debts (2025)
Thank you.

Hi,
If you qualify for split year then you only report any foreign income for the UK part of the year:
RDRM12000 - Residence: The SRT: Split year treatment: Contents
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 will help you work out if split year treatment applies.  
Thank you.

Hi,
Tax relief would be applied to the payment at basic rate.
As you have no annual income, this payment exceeds the maximum you can contribute as you can  pay £3600 gross.
You would therefore need to pay back the excess tax relief.
Thank you.

Hi,
You can just report the accurate foreign income when you submit your Self Assessment return.
Thank you.

Hi,
If you are having trouble reaching us by phone, contact us by webchat via:
Income Tax: general enquiries - just click 'Ask HMRC Online'. Or write to us at the postal address given on the same page.
Thank you.

Hi,
If your disagreement is the fact that the employer is taxing you on the excess this is between you and your employer.
If you feel you have taxed incorrectly you can speak to personal tax on 0300 200 3300.
Thank you.