HMRC Admin 32 Response

Hi,
Yes once HMRC receive the untaxed interest details from the banks and building societies we will review the tax year and issue a calculation if underpaid or overpaid in tax.
If you want to check the details have been received you can contact our Income Tax team below.
Income Tax: general enquiries
Thank you.

Hi,
You may have Capital Gains Tax to pay in the UK. You will need to work out if there is a gain, using the UK rules for calculating capital gains.
The acquistion and disposal costs need to be converted to UK pounds sterling, using a just and reasonable exchange rate. Under the terms of Self Assessment, we do not provide an official exchange rate and the onus is on the individual to use a just and reasonable exchange rate for each acquisition and disposal.  
For your convenience, there are exchange rates at:
National Archives: Exchange rates from HMRC in CSV and XML format
and for older rates at
National Archives: Foreign exchange rates and spot rates: 1 January 1989 to 31 March 2009
You are free to use any of the supplied rates or one of your own choosing.  
There is a calculator below, to help you work out if there is a gain.  
Tax when you sell property
You are required to report the disposal of the foreign property on a Self Assessment tax return, even if there is no tax to pay.  
If there is tax to pay, you can claim a foreign tax credit of up to 100% of the Indian tax paid.
Thank you.

Hi,
You do not need to declare to HMRC, each and every company you receive dividends from. The certificate of residence will cover all of the German sources of income.  
In the freehand notes box, you could state your have a total of £x amount of dividends from 12 companies, having mentions 5 of them.
Thank you.

Hi,
As he is resident in the UK and working for an overseas employer, he will have foreign income, which he needs to declare in a Self Assessment tax return.  
As he will be taxable on this income in the UK and not Germany, he needs to submit a certificate of residence to the German tax authority as part of his request not to tax this income in Germany.  
He can request a certificate of residence at:
How to apply for a certificate of residence to claim tax relief abroad
Thank you.

Hi,
Yes. As the disposal, whether at a gain or loss was overseas, you have to declare it in your Self Assessment tax return in pounds sterling.
Thank you.

Hi,
You cannot use the HMRC version of the online tax return, if you intend to submit the residence section. Instead, you will need to buy a commercial tax return.  
You can find a list of commercial tax returns below to choose from.
Self Assessment commercial software suppliers
You would use your government gateway user ID and password to submit the commercial tax return.
Thank you.

Hi,
There are special rules for Capital Gains Tax on gifts or assets you dispose of to your spouse or civil partner or charity. The normal rules apply for gifts to others.  
There is a calculator below, to help you work out if a gain arises.
Tax when you sell property
Please note that as this is a foreign property, all aspects of the calculation must be in UK pounds sterling. Under the terms of Self Assessment, we do not provide an official exchange rate and the onus is on the individual to use a just and reasonable exchange rate for each acquisition and disposal.
For your convenience, there are exchange rates at:
National Archives: Exchange rates from HMRC in CSV and XML format
For older rates at:
National Archives: Foreign exchange rates and spot rates: 1 January 1989 to 31 March 2009
You are free to use any of the supplied rates or one of your own choosing.
The disposal of a foreign property should be declared in a self assessment tax return, even if no gain arises.
Thank you.

Hi,
HMRC set out its view of ‘cash-backs’ in Statement of Practice 4/97.  
Please have a look at:
Statement of Practice 4 (1997)
Thank you.

Hi,
To confirm if relief at the higher rate is automatically applied to your Teacher's Pension, please contact your pension provider.
If it is not, relief can be claimed through regular PAYE by contacting us below ​​​​​​​or through your Self Assessment return if you file one.
Income Tax: general enquiries
You can read more on how to claim higher rate relief here:
Tax on your private pension contributions
Thank you.

Hi,
Until HMRC agree your amended split, you are both, by default taxable at 50/50 on the property income and capital gains.  
You will need to submit a completed form 17 within 60 days of the date of signature on form 17, along with your declaration of trust.  
Form 17 can be found at:
Declare beneficial interests in joint property and income
Thank you.