HMRC Admin 19 Response
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RE: Foreign bank accounts - 2Qs
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RE: Stocks & shares ISA
Hi,
You would need to contact the Irish tax authorities for an answer to your query.
Thank you. -
RE: Foreign inheritance (from EU country) and tax implications
Hi K Rab,
There are no Income Tax implications on the giving or receipt of a cash gift. Any income you generate from the cash gift, such as bank interest is taxable and should be declared.
As the Channel Islands are not part of the UK for tax purposes, there is no UK Inheritance Tax implications for your father, but he may have to consider whether there will be in the Channel Islands. -
RE: Stamp duty - intent to use the property as main residence for first time buyer relief
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RE: Multiple CGT events
Hi,
Yes, as the completion dates are not the same, you would log into your capital gains account and create a new charge for each disposal.
Thank you. -
RE: CGT for Crown Servant
Hi,
You can see the latest guidance on private residence relief here:
HS283 Private Residence Relief (2025)
You can see guidance on periods of absence below:
CG64970 - Private residence relief: computation of relief: introduction
CG65040 - Private residence relief: periods of absence
When working out the number of months you can treat the property as your main residence, you can add a further 9 months to that value over the number of months you owned the property.
Thank you. -
RE: One off freelance work
Hi,
If this work is carried out as self employed and your gross self employment profit for the tax year is below £1000, then the fee is not taxable and you do not need to report it to HMRC.
Thank you. -
RE: Tax and National Insurance Enquiry (BNO Visa – Overseas Income)
Hi,
As a UK resident, you are taxable in the UK on your remote foreign earnings. You need to declare this income in a Self Assessment tax return each year.
You can register for self assessment here:
Check how to register for Self Assessment
You are required to pay National Insurance contributions on the foreign employment income. You will need to contact our Employers team as you will need to set up a payroll record, so that National Insurance can be deducted.
Employers: support for new employers
If the bonus is for work carried out when you were not resident in the UK, then it is not taxable. If part of the bonus was for work carried out while resident in the UK, then that percentage is taxable in the UK in the tax year that the payment arises.
Thank you. -
RE: Declaring Directors Loan on self assessment income on recently dissolved company
Hi,
You would declare the drawings in box 98, on the supplementary page SA103F page SEF5:
Self-employment (full)
If you are completing an online tax return, you would tick 'yes' to the box asking if your have an annual turnover of more than £90,000. By doing this, you have the full self employment page. Tick 'yes' to the option to include a balance sheet. Enter the drawings in the last box on page 2 of 2 of the balance sheet.
Thank you -
RE: Claiming cleaning allowance from PAYE job, with Self Assesement 2nd ebay side business?
Hi,
A Self Assessment tax return is used to declare your worldwide income and capital gains arising in a tax year. In the return you would declare your employment and claim employment expenses such as cleaning your uniform.
You also declare your self employment income and self employment expenses and any other sources of income. For example, bank building society interest, pensions, benefits, income from property, foreign income, trust income, capital gains income and many more.
Thank you.