HMRC Admin 25 Response

Hi Karen,
Yes, it should be declared in a Self Assessment tax return.
Thank you. 

Hi 
The information that you have provided agrees with HMRC guidance here:
BIM46035 and BIM47105. 
Thank you. 

 

Hi lucadesa,
On the P85 form there is a section to complete to repay to a UK bank account or issue a cheque.
You would complete the section that applies to you. 
Thank you. 

Hi Glory Ojeigbo,
You would need to contact HMRC to transfer your Personal Allowance to your new job.
Contact details here:
Income Tax: general enquiries
Thank you. 

Hi L. Czekala,
You would be considered not a UK resident for tax purposes and your UK employment income will be taxed in Spain, as you will be a tax resident in Spain.
To advise HMRC that you are leaving or have left the UK and remain employed by a UK employer, you will need to submit an online P85 here:
Get your Income Tax right if you're leaving the UK (P85)
Your ability to become a UK resident in the future is a Home Office matter and not something that we can comment on.
Home Office
Thank you. 

Hi Melo1,
Sending a copy of the letter is sufficient.
HMRC will translate it.
It would be beneficial to include your NINO or UTR number in a letter that explains why you are sending the Portuguese letter.
A certificate of residence issued by the UK can be for a specific period in the past and must be in relation to a foreign income of some type, such as employment, self employment, pensions and so on.
Your letter will be reviewed by a specialist team that deal with Portuguese tax authorities on matters of this this and other natures.
We cannot advise how long this may take.
Thank you. 
 

Hi JoeN2024,
Under the terms of the double taxation treaty with Hong Kong, income eerned for work carried out on Hong Kong soil is only taxable there and should not be declared in the UK.
Thank you. 

 

Hi JoeN2024,
The SA109 must be used for split year and you cannot file online with HMRC software for this and will need to purchase 3rd party.
The whole return must be submitted together.
However, for income from Hong Kong, if this is employment income it is only taxable in Hong Kong if the work was carried out there and you don't need split year to show that.
Thank you. 
 

Hi Karen,
Deeply Discounted Securities’ (DDS) are government securities, commercial bonds and loan stock, where the amount paid on redemption is higher than the price at which they were issued.
The difference is the discount and represents the whole or part of the reward to the holder of the security for the use of the money borrowed by the security issuer.
Where certain conditions apply, the tax rules ensure that gains on such securities are taxed as income, rather than as capital gains.
SAIM3010 - Deeply discounted securities: introduction
If you invest in deeply discounted securities, put the difference between what you paid for the bond and what you redeem or sell it for in box 3 of SA101 (page Ai1).
Additional information
Thank you. 

Hi Dani Wozencroft,
A P60 is only available to people employed under PAYE.
If you are self employed it is up to you to retain details of income and expenses to report these on your tax return.
Thank you.