HMRC Admin 25 Response

Hi Teresa2243,
Please refer to additional guidance here:
HS300 Non-residents and investment income (2023)
Thank you. 

Hi Sharlott Bishop,
You would please need to contat our PAYE helpline to review your employee record.
Income Tax: general enquiries
Thank you. 

Hi andy1,
Please see this guidance for help:
Exchange rates from HMRC in CSV and XML format
Thank you. 

Hi Na Shafeeqa,
If you are unable to do this online then please contact us for assistance.
Income Tax: general enquiries
Thank you. 

 

Hi Lachlan Horner,
There are no tax implications on any capital transferred but you will need to declare any interest or dividends that it generates.
 Please contact the Customs helpline on
0300 322 9434 regarding the transfer of assets.
Thank you. 

 

Hi rdab100,
If there is a Salary Sacrifce in place, the amount that goes through payroll is the amount after you have deducted the Salary Sacrifice and for employees any amount sacrificed should not take their gross pay below the NMW.
For directors there may be different rules on NMW - please see the following:
NMWM05140 - Entitlement to National Minimum Wage: directors and office holders
If you have any further queries on the NMW please call 03001231100.
Thank you. 

Hi suchetasit,
If the PAYE tile is not showing, the employment may not be showing on HMRC records or the record needs updating.
You will need to contact the Income Tax helpline:
Income Tax: general enquiries
Thank you. 

Hi Sam Lee,
On the basis of the info provided, tax year 2022/23 would be regarded as a 'split year' and the only income you would have to declare is income received between your arrival in the UK and the 5 April 2023.
As the income in question was foreign interest, it should be declared in the Foreign pages (SA106) of a 2023 Self Assessment Tax return.  
Tax on foreign income
RDR3: Statutory Residence Test (SRT) notes    
Thank you.      

Hi Filbert79,
Capital Gains Tax comes down to beneficial ownership.
If the three of you were beneficial owners.
Then you are correct that one third of the Capital Gain should be declared by each of you.
Please see Tax when you sell property:
Tax when you sell property
Thank you. 

Hi Chris Mason,
A gain only arises when you dispose of an asset.
If your ex-partner was to transfer their share of the property to you then they will require to check if they have any gain to declare.
If they have lived in the property for the full time they have owned it and It is their only home then any gain would be covered by private residence relief.
If you sell the property in future and you have continued to live in the property as your only home for the full period of ownership, then your gain will also be covered by private residence relief.
Private Residence Relief (Self Assessment helpsheet HS283)
Thank you.