HMRC Admin 20 Response

Hi,
No as it is an asset that you have gifted and not cash.
Thank you.

Hi,
Please refer to EIM23140 - Car benefit: meaning of unsuitable for use as a private vehicle: emergency vehicles and associated links.
Thank you.

Hi,
Please see guidance here:  
HS283 Private Residence Relief (2024)
Thank you.

Hi
You will automatically be sent a Unique Taxpayer Reference (UTR) when you:  
Set up a limited company: 
This will be sent to the registered office address, you could use the UK registered office of your Ltd company for your personal UTR.
Thank you.

Hi,
You can find out when you can expect to receive a reply form HMRC here:  
Check when you can expect a reply from HMRC
Thank you.

Hi,
You will need to contact our National Insurance team and they will be able to check your National Insurance account and help you further.
National Insurance: general enquiries
Thank you.

Hi,
This forum is for general queries only and is intended to help you self-serve.
Unfortunately, we are unable to provide specific advice tailored to individual circumstances or offer any interpretation of the guidance.  
Customers with more complex enquiries often engage the services of a professional advisor or accountant and this may be something you wish to consider. 
Thank you.

Hi,
You will need to contact our National Insurance team and they will be able to check your National Insurance account and help you further.
National Insurance: general enquiries
Thank you.

Hi,
You need to register for Self-Assessment if your income from savings and investments is over £10,000 in the financial year.  
You can find further information here:  
Self Assessment tax returns Who must send a tax return


 

Hi Aneyran Burman,
There are no Income Tax implications on the giving or receipt of a cash gift unless the cash gift generates interest or dividends. 
These would then potentially be subject to tax. 
Further guidance can be found here: 
Tax on savings interest
Tax on dividends 
You may also wish to consider any inheritance tax implications. 
The rules on giving gifts can be found here: How Inheritance Tax works: thresholds, rules and allowances Rules on giving gifts
You may also want to review the guidance at:How Inheritance Tax works: thresholds, rules and allowances Overview 
Thank you.