HMRC Admin 17 Response
Joined: 1/20/2021
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RE : Export heritage banknote to HONG KONG
Hi ,
It is not very clear what is customer's query.
If customer has a package stuck in customs, please advise to contact the courier company.
Thank you . -
RE : P11D (Private Medical Treatment) provided by my employer
Hi ,
As an Employers Helpline, we do not deal with self assessment queries from individuals .
Please contact the SA helpline on 0300 200 3310 or visit there webchat service found here :
Self Assessment: general enquiries .
Thank you .
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RE: AirBnB rental income
Hi ,
Thanks for your question. Based on the information provided, I would advise that as the annex is attached to the house,
your rental business may fall under the rent a room scheme if income galls below the £7,500 income threshold.
Thank you . -
RE : Foreign tax on property abroad
Hi ,
Thanks for your question.
I would expect that you would declare the foreign tax deducted from rental income, land tax may be classed as
an allowable property expense so should not be added to rental income tax.
Thanks . -
RE: Rental income transfer
Hi ,
Thanks for your question.
In the situation where you wish to transfer beneficial interests in a property, whilst retaining legal title,
a Declaration of Trust should be completed alongside a form 17 is the property is jointly owned.
Please refer to the following guidance for more advice:
Trusts and taxes .
Advice regarding Settlements legislation refers here :
TSEM4015 - Settlements legislation: effects of the settlements legislation .
Thank you . -
RE : unclaimed expenses on rental property
Hi ,Thanks for your question.
In terms of previous years, you may claim on expenses up to four years prior to the current tax year, as far back as 2020/2021.
I have attached relevant guidance outlining the overpayment relief procedure which should offer further detail for your query:
SACM12150 - Overpayment relief: Form of claims .
Thank you . -
RE : Transfer of rental income to one of 4 joint tenants owners - Declaration of Trust
Hi ,
Thanks for your question.
In terms of previous years, you may claim on expenses up to four years prior to the current tax year, as far back as 2020/2021.
I have attached relevant guidance outlining the overpayment relief procedure which should offer further detail for your query:
SACM12150 - Overpayment relief: Form of claims .
Thank you . -
RE : Is it permissible to consider rent paid for another location as a deductible expense ?
Hi ,
Thank you for your question.
You would not be able to claim your rent paid on property B against your rental income from property A.
Thank you . -
RE : Not for profit RMC Income
Hi ,
This question is not approriate to this forum .
Thank you . -
RE: Rental Income ( Property Allowance+ Carry Forward Finance Costs ???)
Hi ,
Yes you can claim unused finance costs from a previous year.
You need to amend your 2022-23 tax return to include an entry in box 44 on the SA105.
You can then bring this entry forward into box 45 of your 2023-24 tax return plus claim your costs that relate to 2023-24 as normal in box 44.
So the entry in box 44 for 2022-23 would be £1000, the entry in box 44 on your 2023-24 tax return would be £1,500 and box 45 £1000.
Thank you.