HMRC Admin 13 Response

Hi 
This forum is for general queries only and is intended to help you self-serve.
Please do not post multiple threads on the same topic. You have posted 3 regarding residence, split year and foreign income and received full responses.
We are unable to provide specific advice tailored to individual circumstances. If you need further assistance then please access our guidance at: get professional tax help
If you qualify for split year then you only report any foreign income for the UK part of the year.
Please see guidance at: RDRM12000 - Residence: The SRT: Split year treatment: Contents - HMRC internal manual
If you do not qualify then you will need to report all your foreign income in the UK.
Please see the guidance at: Tax on foreign income: Overview.  
The guidance at RDRM12150 - Residence: The SRT: Split year treatment: Case 4: Starting to have a home in the UK only - HMRC internal manual will help you work out if split year treatment applies.
Thank you

Hi Blue Moon
No there is no need to declare this.
Thank You

Hi 
Please be aware that this forum is for general queries only and is intended to help you self-serve.
Unfortunately, we are unable to provide specific advice tailored to individual circumstances or offer any interpretation of the guidance provided on Gov.UK.
Please see guidance at: HS286 Negligible value claims and Income Tax losses on disposals of shares you have subscribed for in qualifying trading companies (2024)
Thank you

Hi Kwok Hung Chung
This will not affect your income tax
Thank you

Hi
Once your new employment has commenced you should contact ourselves and we can review your record, and update the code at to your new employment:
Income Tax: general enquiries 
Thank you

Hi
Unfortunately, this forum concerns queries relating to Income from property and expenses, so I would not be able to offer an in-depth answer to your query. 
Please contact: VAT: general enquiries
Thank you

Hi bec123 S
Based on the information provided within your question option 2 would be the correct action to take.
As you are the sole owner of said property, by completing and submitting the valid Declaration of Trust, you would assign a specific % to your Husband in terms of beneficial interests in rental income, whilst retaining the legal ownership of the property. 
Additionally, based on the % split, you would only then be able to claim for that amount in terms of mortgage interest. 
As you are the sole owner of the property, a Form 17 declaration would not apply. 
Thank you

Hi Peter Boileau
We would advise that in the first instance, a valid Declaration of Trust should be completed declaring your son as having beneficial ownership of the rental income received through the rental business. 
Guidance is available at:
TSEM9150 - Ownership and income tax: legal background: ownership: legal and beneficial ownership - separation - HMRC internal manual and
TSEM9160 - Ownership and income tax: legal background: ownership - income follows property - HMRC internal manual
Thank you

Hi Yellowstar24
Based on the information you have given, it sounds as though the scenario fits our transfer of business guidance, available at: NIM06550 - Employment Allowance: Who can’t claim the Employment Allowance? Transfers of business - HMRC internal manual.
If this fits your scenario then the new incorporated charity would not be able to claim EA at all until the new financial year begins. 
Thank you