HMRC Admin 13 Response
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RE: CGT, Private Residence Relief and Trusts
Hi
As this relates to a Trust, please contact the Trust helpline on 0300 123 1072. Further information is also available at:
report-and-pay-your-capital-gains-tax/if-you-sold-a-property-in-the-uk-on-or-after-6-april-2020
Thank you
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RE: Mobile phone and landline internet allowances/ claiming these business expenses
Hi
You should review your usage of the mobile phone/landline to determine how much of it is used for private and business to then take the applicable percentage. This should be recorded as part of your record keeping.
Please see Expenses if you're self-employed: Overview
Thank you
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RE: Foreign life insurance Dividend
Hi As it is not a gain on the life insurance policy, there is no tax UK liability.