HMRC Admin 8 Response

Hi,
Any repayment of the loan by the company to the director has no impact on the profits subject to tax.  
The loan repayment is made out of taxed profits/loss and is not an expense that can be deducted from the company's turnover.
Thank you.

Hi,
You can't delete the account.
You should use the login details for the Buiness Tax Account going forward.
Thank you.

Hi,
If each of the chattels are sold for less that £6000.00 you don't pay capital gains tax.  
If you sell all or part of a set to the same person for less than £6,000, you won’t pay tax.  
If you sell parts of a set to different people, you won’t pay tax on each part sold for less than £6,000.  Sets include things like chessmen, books by the same author, matching vases and sets of china.
If no capital gains tax is payable, then it would not be reported on a tax return.
Thank you

Hi,
Payments on account are based initially on your tax liability for the year before.  
They are merely a starting point for tax liability for 23/34, as no-one knows what going to happen in the future.
Payments on a accounts are 'fluid', as they can go up in a good year and down in a poor year.  
You will need to project what your gross income from property is likey to be and the expenses you expect to incur, to work out how much tax you are likely to have to pay for 23/34.  
You can then increase or reduce the payments on account accordingly, even make them £0.00.
If you do not pay the July payment on account, self assessment will automatically issue late payment penalties to you and charge interest on them.  
On receipt fo your tax return, your tax liability will recalculate the payments on account and adjust the late payment penalties accordingly.  
If there is no late payment, the penalties would be cancelled:
Understand your Self Assessment tax bill
Thank you

Hi,
There are 4 different types of ISA.  
You can only have 1 of each kind and you can put money into one of each kind of ISA each tax year.  
You will be able to open a new ISA in 24/25.  
Your ISA provider will be able to confirm if there are any obstacles.
Thank you.

Hi,
The address is:
HM Revenue and Customs Self Assessment and PAYE BX9 1A
Thank you.

Hi,
Currency other than sterling is a chargeable asset and its disposal can give rise to a chargeable gain or an allowable loss:
Capital Gains Manual
A gain on the disposal of foreign currency acquired by individuals for the personal expenditure outside the United Kingdom of themselves and their family or dependents is not a chargeable gain.
This includes expenditure on the provision or maintenance of a residence outside the United Kingdom:
CG78315 - Foreign currency: personal expenditure of individuals
Thank you.

Hi,
You would appear to have omitted some entries or or not declared something we would expect.  
If you have for example, ticked yes to income from property in error, we would expect to have SA105 submitted with the return and would return the SA100 to you as incompete without it.  
You would need to contact the self assessment webchat team, to find out the actual reason for returning your SA100:
Contact HMRC
Thank you