HMRC Admin 13 Response
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RE: How to fill in SA 100 Form if I worked overseas before becoming a tax resident of the UK?
Hi
Yes you should.
Please see the guidance regarding deadlines at: Self Assessment tax returns: Deadlines
Thank you -
RE: Do I need to register as self employed if I will not earn the £1000 gross income threshold?
Hi
If the turnover is below £1000 then you do not need to register for self assessment and file a tax return
Please see: Self Assessment tax returns: Who must send a tax return
Thank you
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RE: Singapore Director's Fees
Hi
Under article 16 of the tax treaty, as the company is based in singapore, the fees may be taxed there as well as the UK. if you are UK resident and domicile, the fees are taxable in the UK.
Please see:
Multilateral_Instrument_and_the_1997_Singapore-UK_Double_Taxation_Agreement___in_force.pdf
Thank you. -
RE: Irish citizen and tax resident
Hi Peter,
Additionally please refer to guidance at:
Tax on your UK income if you live abroad: Overview
Thank you. -
RE: Electric Car - Business Contract Hire
Hi
If you are hiring the car, then you cannot claim for the 1st year 100% capital allowance, as you will not own the vehicle.
If you buy the car using PCP, then you can only claim once the balloon payment is made.
Please see Guidance at: Claim capital allowances: 100% first-year allowances
Thank you. -
RE: Transferring personal money to UK
Hi Deyah,
We cannot comment on customs matters in this forum, as we can only advise on tax matters.
Please see Guidance at :
Tax and customs for goods sent from abroad: Tax and duty and Application for transfer of residence relief (ToR1)
Any income arising outside of the UK, in tax years in which you are not UK tax resident, is considered capital and is not taxable in the UK.
There is no time limit for you to bring this capital to the UK.
Any non-UK property that you dispose of before becoming UK tax resident, is not subject to UK capital gains tax and is not taxable. If you dispose of non-UK property after arriving in the UK, then you may have capital gains tax to pay on any disposals.
Thank you. -
RE: Sell in India to Buy in UK
Hi,
If you are resident in the UK at the time of sale, you also need to report the sale/gain in the UK. you can claim foreign tax credit relief to reduce your UK tax bill in respect of the Indian tax paid.
Please see Tax when you sell property: Selling overseas property.
Thank you -
RE: Final Income Tax bill on deceased's estate
Hi,
I'm sorry for your loss.
To give you the best advice, we may need to review your mother's account.
Please contact us by webchat or phone via Self Assessment: general enquiries
Thank you -
RE: Redundancy - amount free of tax
Hi,
If completing a self assessment return you need to show the information on the SA101 additional information page.
SA Notes regarding completion of the SA 101 can be accessed at: Self Assessment: additional information (SA101)
Redundancy is covered at Page AiN 3 and Box 5 advising:
This includes:
• redundancy pay
• post-employment notice pay
• compensation for loss of office Include the amount of taxable post-employment notice pay and the amount of the balance of the payment which is above the £30,000 exemption limit.
Do not include any amount of the payment which is not taxable, either because it is specifically exempted or because it is taxable overseas and not in the UK.
The amount up to the £30,000 limit goes in box 9
Box 9 along with a worked example is on Page AiN 4
Thank you