HMRC Admin 17 Response

Hi,

You can use the real time as long as its not a UK residential property see: Report and pay your Capital Gains Tax  . Thank you .

Hi,
 

You can use the info based on the US year to inout your UK figures so that they match . Thank you.

kanishka6582 .   Hi. If a company is both supplying and installing solar panels and battery as the same time as a single supply then it should benrfit from the relief and would be zero rated for VAT purposes Please see the guidance below: Energy-saving materials and heating equipment (VAT Notice 708/6)  . Thank you.

Hi,
 

Article 18(2) of the UK / belgium double taxation agreement, refers to the date 31 January 2013.  Any state pension first paid to an individual before that date, is taxable only in the UK, but any state pension first paid to an individual after that date, would be taxable only in Belgium .

Thank you.

Hi,
 

This depends on whether your declaring your income under remittance basis or arising basis - see guidance at : Paying tax on the remittance basis (Self Assessment helpsheet HS264)     . Thank you .

Hi,
 

Yes.  If you choose to use the remittance basis and you are resident in the UK for 7 of the last 9 years, then you lose your personal allowance and will be taxed on £30000.00, on  top of your UK income.  The figure of £30000.00 will be applied each year you use the remittance basis until you are resident for 12 of the last 14 years.  This figure then goes up to £60000.00 and is used until you are resident for 16 years, after this, you are deemed domiciled a nd can only be taxed on the arising basis on your world wide income.  Guidance on the remittance basis can be found at : Guidance note for residence, domicile and the remittance basis: RDR1   . Thank you.

Hi,
 

Cash gifts themselves are not taxable, but interest it generate is subject to UK tax.  If you move the gift to a foreign account, you would still be taxable in the UK, on the interest it generates overseas, unless you use the remittance basis.  Using the remittance basis has its drawbacks. Have a look at the guidance at: Residence, domicile and the remittance basis: RDR1   . Thank you.

Hi
 

Harshitha Ravi  ,   Your savings would not be taxable in the UK, unless they generate interest, which may be taxable . Thank you.

Hello, I'm a non-domiciled but UK-tax resident. On the following webpage, it states that "You do not pay UK tax on your foreign income or gains if you not bringing them into the UK". https://www.gov.uk/tax-foreign-income/non-domiciled-residents Could you please clarify if this rule is applicable to income from remote contract work if the work is going to be done for a non-UK company that has no presence in the UK, but the non-domiciled contractor resides in the UK? Or it applies only to gains from non-UK investments, such as bank interest or dividends. Thanks

Hi,
 

Thank you for your question. It is not known whether your property was initially jointly owned. If so, you could opt to agree unequal shares i.e 100% to wife of income arising from property by completing a Form 17. In addition a bare trust relates to transfer of an asset i.e house not income.and any transfer of the asset has to be dealt with via Land Registry You need only obtain a witness signature if you agree a unequal share arrangement via Form17 (see HMRC) .     Thank you.