HMRC Admin 8 Response
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RE: Gift Aid on donation to UK registered charity to overseas bank account
Hi,
The answer to your question is yes.
Thank you. -
RE: Does Interest on Cash ISA count towards ISA allowance?
Hi Savvyornot,
If you have oversubscribed in the current tax year, you can contact your ISA provider to instruct them to remove overpayment amounts to correct the error.
If the error occurred in a previous tax year you should not do anything.You should not attempt to correct the situation.
HMRC will write to you after the end of the tax year in question if appropriate.
Thank you. -
RE: Tax on an escrow amount when selling EMI shares
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RE: Living in Ireland, reclaim tax on UK private pension
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RE: Reporting Canadian Income and Bank Intereest
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RE: Section 104 Pooling - Recalculating after sales
Hi,
The value of the pool is adjusted every time there is an event which reduces or increases the pool of qualifying expenditure.
Please have a look at the guidance at CG51575
Thank you. -
RE: TRAVEL AND HOTELS CGT
Hi,
You cannot set the cost of staying somewhere against capital gains arising from the disposal of the property.
Please have a the guidance at CG15150 to help you determine what is allowable expenditure.
Thank you. -
RE: CGT re living in an inherited house before selling
Hi,
There may be capital gains tax to pay.
It cannot be ruled out. Only after the property is disposed of, can any Private Property Disposal Capital Gains Tax (PPDCGT) be calculated.
There is guidance and a calculator at:
Tax when you sell property, to help work out any gain, which leads on to creating a capital gains account to report and pay any capital gains tax due, within 60 days of the completion date.
Private residence relief may reduce any capital gain.
Have a look at helpsheet HS283
Thank you. -
RE: mortgage link account
Hi,
Please refer to the DTA 2010 Hong Kong-UK DTA article 11
We can't say specifically as you will need to establish whether you or the bank is the beneficial owner of the interest.
If you wish to discuss in more detail, please contact us on 0300 200 3310 for more specific advice.
Thank you -
RE: Rental income for childcare eligibility
Hi,
Please have a look at the guidance on tax free childcare at:
TFC11050
There is guidance on calculating adjusted net income at:
Personal Allowances: adjusted net income
Thank you.