HMRC Admin 32 Response
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RE: UK tax liability on a Norwegian state pension
Hi,
It is not possible to check individual tax records through this forum, if you have a question which relates to your personal tax situation or tax code please contact our helpline.
Thank you. -
RE: Am about to pay CGT after a house sale, but will soon incur a loss when I sell shares
Hi,
You will have to wait as the loss needs to have happend prior to the sale of the property in order to be claimed on the property disposal return.
Thank you. -
RE: Pension Lump Sum - Income or Capital?
Hi,
Please refer to:
IHTM14250 - Lifetime transfers: conditions for normal out of income exemption: out of income
Thank you. -
RE: BADR and EMI scheme
Hi,
You will claim this within the tax return. please refer to:
HS275 Business Asset Disposal Relief (2024)
Thank you. -
RE: Tax on trading CFDs
Hi kp1022,
Yes they do.
Thank you. -
RE: NRE and NRO interest India
Hi,
Yes it still applies but as its foreign interest you still need to complete a tax return.
Thank you. -
RE: 90 day tie
Hi,
As per RDRM11570, - The individual will have a 90 day tie for the tax year if they have spent more than 90 days in the UK in either or both of the previous 2 tax years immediately before the year under consideration. This means a minimum of 90 days in at least 1 of the 2 preceding years.
Thank you. -
RE: Gifting home to kids and paying them rent
Hi,
The rent would be at the going rate no matter who remained in the house.
Thank you. -
RE: Selling after over 14 years
Hi,
You need to work out the gain yourself. Please refer to:
Capital Gains Tax: what you pay it on, rates and allowances
Thank you. -
RE: Can I use the‘ real time’ Capital Gains Tax service to report a sale of foreign stocks?
Hi,
Yes. You will need to convert the income to sterling first.
Thank you.