HMRC Admin 19 Response
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RE: Pension
Hi,
If you are not a higher rate taxpayer, then you can still include the details but no additional relief will be due.
Thank you. -
RE: Query about income received from foreign insurance policy
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RE: SAYE transfer to SIPP
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RE: Tax treatment of sale of puppies
Hi,
If you are UK resident you will be entitled to personal allowances of £12570. This is to cover all types of income. If you then earn above this amount you will need to pay tax on the difference. You can see guidance on current rates here:
Rates and allowances for Income Tax
Thank you. -
RE: Do I have to complete a self assessment if I sell NSO stock
Hi,
It would be capital gains as you are selling an asset. You can see guidance here:
Capital Gains Tax: what you pay it on, rates and allowances
Thank you. -
RE: DTA - Employment contract Switzerland, time split UK/Switzerland
Hi,
It depends on where you are tax resdient. Please refer to the following guidance:
RDR3 Statutory Residence Test
Tax on your UK income if you live abroad
Thank you. -
RE: Lining up Australian and UK tax years
Hi,
You would just treat the income as the UK tax year.
Thank you. -
RE: Interest gain from Hong Kong for tax years 2023-2024
Hi,
As it is foreign income you need to declare it in a tax return and you will therefore need to register for Self Assessment. Please refer to guidance here:
Registering and sending a return
Thank you. -
RE: CGT + wrapping crypto assets
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RE: Sale of shares for tax year 2023/24