HMRC Admin 13 Response
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RE: First Self Assessment
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RE: Instant Cash ISA/ Transfer/ New Cash ISA
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RE: PILON and unpaid salary after company liquidation
Hi,
Yes you need to amend the return as the PILON needs to be included.
See SA101_Notes_2024.pdf on how to declare this.
With regards to the redundancy payment. The letter you received with the payment will confirm whether this is taxable or not.
If it is, you need to show it as an employment
Thank you. -
RE: Self assessment for stock trade
Hi, If the disposals were in excess of £50,000 yes you need to complete the return. If not, you can notify HMRC of any capital losses within 4 tax years should you wish to use them at a later date Thank you. -
RE: Am I allowed to earn savings interest?
Hi,
The letter you received, when your application was successful, will tell you what you can and cannot do.
The interest earned is taxable income but may be covered by the personal savings allowance. Further information is available at Tax on savings interest: How much tax you pay
Thank you. -
RE: Residence status - how do I inform HMRC that I'm no longer a UK resident?
Hi,
When you file the last return for the year the rental income was received, tick the box to show that it has ceased and this will close the record.
Alternatively use the options available here Self Assessment tax returns: If you no longer need to send a tax return
Thank you -
RE: SA109 Sale of UK property
Hi,
Yes you only declare your share of the gain.
We cannot comment on why the figures are less than what you anticipated as not enough information has been given.
Submit your tax return with all your details completed.
If you have any further questions, which are personal to you, do not post on this public forum but contact the Self Assessment Helpline on 0300 200 3310 or use the options available on Self Assessment: general enquiries
Thank you -
RE: Post graduate loan refund
Hi, We would need to investigate this further to establish what the best course of action is. Can you please call us on 0300 200 3200 to let us investigate this in more detail. Thank you -
RE: Audio Visual Supplier to Conferences and Events - VAT treatment
Hi,
If you are hiring goods to an overseas business that are used in the UK, then yes the use and enjoyment rules should be applied.
The use and enjoyment rules apply where the place of supply would be outside the UK (as B2B customer belongs outside the UK) but the services are effectively used and enjoyed in the UK.
As you have advised please refer to notice 741a section 13 for guidance on this Place of supply of services (VAT Notice 741A)
Thank you -
RE: VAT threshold on services to the USA