HMRC Admin 8 Response

Hi,
Please have a look at the guidance at:
HS305 
Employment-related shares and securities (Self Assessment helpsheet HS305
Thank you.
 

Hi,
Please have a look at the guidance on jointly owned property at:
PIM1030
Thank you.

Hi,
1 - If you do not need to send tax returns for 2021-2022 and 2022-2023 tax years, then if you have any income to declare, you can do this in writing, sending your letter to H.M. Revenue and Customs Pay As You Earn BX9 1AS. 
2 - You must submit your whole tax return together and in the same format.  This means you either submit a SA100 and SA109, along with any other relevant supplementary pages on paper or by buying a commercial tax return that includes SA109 and submitting that version of the return online, using your government gateway user ID and password.
3 - Under the terms of Self Assessment, we do not provide an official exchange rate and the onus is on the individual to use a just and reasonable exchange rate for each acquisition and disposal.  
For your convenience, there are exchange rates at:
https://webarchive.nationalarchives.gov.uk/ukgwa/20231016190054
https//www.gov.uk/government/collections/exchange-rates-for-customs-and-vat and for older rates at: https://webarchive.nationalarchives.gov.uk/ukgwa/20100202113554
Exchange rates from HMRC in CSV and XML format
You are free to use any of the supplied rates or one of your own choosing.
Thank you.

Hi,
You can set the loss from one asset against the gain of another in the same tax year.  This would be visible in the evidence provided when declaring the gain.
If the loss is declared in a previous tax year it can be carried forward and set against the gain, again supported by evidence when declaaring the gain. The rule is 30 days and no more.  
Have a look at:
CG13370
Thank you.

Hi,
The rules on capital gains tax around separation and divorce changed on 6 April 2023 and extended the no gain - no loss rules.
Pleae have a look at helpsheet HS281   
You may also find the guidance at CG322400p useful.
Thank you.
 

Hi,
To confirm the status and progress of your repayment, we would need to review your record.
Please contact us by webchat or phone via:
Self Assessment: general enquiries to allow us to view your statement and advise you.
Thank you.

Hi,
You cannot set interest accruing from a loan to reduce the gain from the insurance policy.  
Interest from a mortgage loan can only be set against rental income.
Thank you.

Hi,
HMRC can go back to the previous 6 tax years and on the arising basis, tax your world-wide income.  
As part of your self assessment tax return, you would claim foreign tax credit relief, when declaring your foreign income and tax deducted in each of the tax years.  
You may have tax to pay and their could be late payment penalties and interest as well, but this we cannot be sure of at this time.  
We do not communicate via email on personal matters.  You would need to contact our self assesment helpline on 0300 200 3310 or contact our webchat facility at:
Contact HMRC
You may also wish to consider seeking professional advice from the likes of an accountant specialising in this complicated area.
Thank you.

Hi,
The changes to the remittance basis rules do not take effect until 6 April 2025.  
Until then, the current remittance based rules will continue to apply.  
1 - No
2-  No
3 - No. the AEA is removed, as is PA.  We cannot answer a question based on future events.
Thank you.

Hi,
There are no tax implications from a cash gift.  If the gift was placed in an ISA, the interest would not be taxable.  
If place in a traditional bank / building society account, the interest would be taxabel and should be declared.
Thank you.