HMRC Admin 8 Response

Hi,
You would need to contact HMRC.
If higher rate tax then applies, top slicing relief will be applied automatically in the calculation.
The bond itself would form part of the deceased's estate and if the total estate income is below £325000 then no IHT is due.
Thank you.

Hi,
No, as this is a return of capital.
Thank you.
 

Hi,
The increase in value is below the annual exempt amount for CGT for 24/25 so no capital gains tax is due.
Thank you.

Hi,
No. you can only claim expenses that actually relate to the property you are renting out.
Your UK mortgage cannot be set against it
Thank you.
 

Hi,
No. You will need to contact the Spanish authorities to have this refunded.
Thank you.
 

Hi,
You don't need to upload this evidence at this time - just a calculation on how you have arrived at your figures.
You should keep the invoices etc as they may be asked for at a later date.
Thank you.

Hi,
As you have taxable income from abroad, you meet the criteria for completing a self assessment tax return, even if you are not liable to pay UK tax.
Thank you.

Hi,
A gain arose on your UK property when you disposed of it and you paid the capital gains tax that arose.
In a later tax year, you disposed of the foreign property for less that you acquired it for, then you will have a loss, which you would declare. You can carry the loss forward and set it against a future gain, but you cannot carry it back to set against a previous gain.
Thank you.

Hi,
Please refer to guidance at:
Tax on a private pension you inherit
Thank you.