HMRC Admin 17 Response
Joined: 1/20/2021
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RE: Transferring ownership of property from Russian parents to UK daughter
Hi ,
Thank you for your question.
This forum is for general property income questions only therefore we wouldn’t comment on the gifting of a property which is
a disposal under capital gains.
Due to the ongoing sanctions that are in place please refer to https:
www.gov.uk/government/publications/russia-sanctions-guidance/russia-sanctions-guidance#how-will-these-sanctions-measures-be-enforced .
You may wish to contact OFSI (details are in the link) as they regulate licenses and exceptions to the sanctions,
we can advise on the capital gains aspect if they agree to the transfer of the property .
Thank you .
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RE: Tax obligation on rental income overseas - if the income isn't sent to UK
Hi ,
Thank you for your question.
All figures must be in pounds sterling when completing the SA105 FHL boxes. As previously stated you include gross income in box 5, then any deductions in the appropriate boxes.
You can include the total foreign tax paid on your Spanish FHL to claim foreign tax credit relief by filling in the section ‘Foreign tax paid on employment, self-employment and other income’ on page F6 of the Foreign SA106 supplementary pages.
Relief is restricted to the UK tax chargeable on this income as set out in https://www.gov.uk/government/publications/calculating-foreign-tax-credit-relief-on-income-hs263-self-assessment-helpsheet/relief-for-foreign-tax-paid-2024-hs263.
Alternatively you can take off any foreign tax paid in box 9 on page UKP1 of the SA105 as set out on page UKPN4 of https: assets.publishing.service.gov.uk/media/65f97803703c42001a58ef12/SA105_Notes_2024.pdf .
Thank you . -
RE: HMRC Adress For Double Taxation
Hi,
Please post this to
Corporation Tax Services,
HM Revenue and Customs,
BX9 1AX
With a cover letter to include the company's Unique Tax Reference (UTR) .
Thank you .
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RE: Non-UK expense declaration.
Hi,
Thank you for contacting us.
HMRC does not provide advice on how to report expenses to an overseas tax authority.
We suggest that you seek guidance from the Turkish tax authority .
Thank you . -
RE: Company Tax Return Delay
Hi ,
Please call the Corporation Tax helpline on 0300 200 3410 who will be able to check on the status of your online submission.
Please ensure you have your Corporation Tax UTR available when calling.
Thank you . -
RE: Digital Products - Corporate Tax
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RE: Claim tax relief - Working from home
Hi,
For the expenses - please see
https: www.gov.uk/simpler-income-tax-simplified-expenses/living-at-your-business-premises
to ensure you meet the conditions. you can only claim for them once if you do qualify .
Thank you . -
RE: Split year treatment and foreign income
Hi ,
You would need to base it on the number of days worked in uk divided by the total period worked for the company then multiply by the 1000.
So it would be UK/HK x 1000 .
Thank you . -
RE: Last salary received from overseas but the employment period ended after Split Year start day
Hi,
No as this is payment for work actually carried out in Hong Kong, the terms of the double taxation treaty
state that it is taxable in Hong Kong only .
Thank you . -
RE: Sending money from abroad to UK account
Hi,
No as this would be seen as a cash gift and is not taxable.
It is only any interest or dividends that this then generates that is taxable .
Thank you .