HMRC Admin 8 Response
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Re:Becoming a UK tax resident at the end of the tax year
Hi,
You will need to look at the guidance on residence at RDR1 and take the statutory residence tests, to work out your residence position and confirm if split year treatment applies:
RDR3 Statutory Residence Test
If you are tax resident in the UK for the whole tax year, split year treatment doesn not apply and you have no foreign income; then a tax return is not required.
In all other situations, a tax return is required.
Thankyou. -
Re:Property Title Transfer - Unmarried Couple
Hi,
There are no tax implications on the transfer of assets between spouses and civi partners.
As you are unmarried, there may be a capital gain arising on the transfer of the share to your partner.
If this property is your main residence, then you would have private residence relief to set against any gain, which may cover the whole gain, meaning there is no tax to pay.
Please have a look at helpsheet HS283 Private Residence Relief (2023)
for private residence relief and https:
Capital Gains Tax which includes a calculator to help you work out any gain.
Thankyou. -
Re:Extend the rest 2.5yrs BNO visa payment
Hi,
This is not a tax enquiry. it is an enquiry for the Home Office, as it relates to reapplying for a visa.
Thankyou. -
Re: Car
Hi,
Yes you can still do this.
Thankyou. -
Re:Best way of offsetting garden studio build costs
Hi,
If claiming against the self employment, you show them in the year they are incurred. this would then generate a loss that can then be re allocated. further guidance is at https:
Relief for trading losses (Self Assessment helpsheet HS227
Thankyou -
Re:Can I claim income for work done but not paid for in the same tax year?
Hi,
As the deadline for paper returns was 31/10/23, you will automatcially be charged for late filing if you opt for this.
You can appeal in writing giving your reasons for any penalties but there is no guarantee that the appeal would be accepted. you can change from traditional account in one year to cash basis the following year but HMRC cannot advise you on whether to do this or not as this relates to financial advise which we are not autorised to give.
Thankyou. -
Re:Employed or Self-employed in Self-assessment
Hi,
Please refer to https:
Paying tax on the remittance basis (Self Assessment helpsheet HS264
Thankyou. -
Re:Overpaid?
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Re:Self assessment when meeting requirements for remittance basis without claim
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Re:Dividends from Mutual Funds which are reinvested as units of the fund
Hi,
If the company automatically reinvests the dividends to buy more shares, no. if you choose to reinvest them, yes.
Thankyou.