HMRC Admin 8 Response

Hi,
You can make a payment before your tax return has been processed.
All online payment options are available by selecting the 'pay now' button on our website:
Pay your Self Assessment tax bill
If you have An amount calculated when you submtted the tax return then you can pay that amount.
Thankyou.

Hi,
You can only submit your Self Assessment if you have a UTR number allocated.
If you orginally registered back in Septmeber 2022 then a UTR should have been allocated.
If you contact HMRC we can check this for you:
Self Assessment: general enquiries
Thankyou.

Hi,
If applied 2 weeks ago then there will still be time to register and allocate your UTR. If you did not get an error message when you submitted your registraion then you do not need to submit again. 
Thankyou.
 

Hi,
For company B it would be the pay and tax in that employment. On the P60 this will be pay and tax in this employment. 
Thankyou.

Hi,
You will need to contact HMRC to review/update your tax code.
If overpaid an amended code will be issued to your current employer which will then generate the refund due. 
Thankyou.

Hi,
The losses are set against your gains, before the annual exempt allowance is applied, so the loss to carry forward would be the reduced figure.  
Please have a look at:
Capital Gains Tax: what you pay it on, rates and allowances
Thankyou.
 

Hi,
We can only advise from a tax perspective and that is that the gift itself is not taxable, but interest it generates, is.  
You should contact your bank and discuss with them.
Thankyou.

Hi,
Completing a self assessment tax return does not trigger VAT registrations.  
This is something you have to do separately from self assessment.  The foreign self employment income is added to your gross self employment turnover in SA104F.  
You then enter the VAT charged as an expense, which is set aginst the gross turnover, so that you arrive at the taxable net profit.  
You would only need to declare in SA106 as well, when you have paid foreign tax and wish to claim a foreign tax credit: 
Register for VAT, which advises of the action to take when your VAT taxable turnover is over £85k.
Thankyou.

Hi,
Although you are self employed, when your gross profit is less than £1000, you do not need to report the self employment on a tax return.  
This allows your self employment to continue and tax return notifications can still be issued in the future.
Thankyou.

Hi,
US government bonds, sometimes known as T-bills or treasury bills are generally taxed as income rather than capital gains.  
The return is paid at maturity rather than regular interest payments.  
In the UK, these are known as deeply discounted securities, with the discount being the difference between the price at which they were issued and the price received at maturity.  
On a foreign investment the income is the difference between the purchase and redemption price after each has been converted to sterling on the day the transactions took place, so includes any foreign exchange gains.  Losses cannot be deducted. 
They are taxed as income.  If you invest in deeply discounted securities, put the difference between what you paid for the bond and what you redeem or sell it for in box 3 of SA101 (page Ai1): 
SA101
SAIM3010 for more information.
Accrued Income Scheme (Self Assessment helpsheet HS343), to determine if the AIS applies.
Thankyou.