HMRC Admin 25 Response

Hi David Moore,
You will need to query this with our Income Tax Team.
Contact details here: 
Income Tax: general enquiries
Thank you. 

Hi Chris,
There are no Income Tax implications on the receipt of a cash gift unless the cash gift generates interest or dividends.
These would then potentially be subject to tax.
Further guidance can be found here:
Tax on savings interest 
Tax on dividends
Thank you. 

Hi Lok Kwan,
 Sorry, we cannot advise you on whether to apply for that or not as it is up to you to determine your residence status.
If you qualify for split year then you only report any foreign income for the UK part of the year:
RDRM12000 - Residence: The SRT: Split year treatment: Contents
If you do not qualify then you will need to report all your foreign income to the UK:
Tax on foreign income 
The guidance at RDRM12150 at www.gov.uk will help you work out if split year treatment applies.
Thank you.  


 
 

Hi Emma Callister,
He will need to send in a claim for overpayment relief. ensure all information below is noted.
All claims must be in writing to us at: Self Assessment, HM Revenue and Customs, BX9 1AS, United Kingdom.
Please tell us they are claiming overpayment relief give full details of the claim including the amount of tax they have overpaid.
Why they have paid too much tax the tax year / accounting period if they have already appealed the calculation.
If they are claiming repayment any supporting documents showing tax paid be signed by the customer.
Even if sent by an agent confirm the details given are 'correct and complete to the best of my knowledge and belief.
Thank you. 

Hi Daniel Honciuc,
If bringing the money to the UK it would be classed as income:
Remittance basis 2023 (HS264)
Thank you. 

Hi BritishAl23,
Roth Individual Retirement Accounts payments to a UK resident that are not taxable in the United States are not taxable in  the United Kingdom.
Have a look at:
DT19852 - Double Taxation Relief Manual: Guidance by country: United States of America: Treaty summary
Note 2 in relation to other pensions. 
UK/US citizens resident in the UK are taxable on their IRA interest in the UK.
IRA's are treated differently from Roth IRA's, in that they are taxable in the UK under foreign interest.
The gross interest would be declared in the Self Assessment Tax return, using the supplementary page SA106.  
The interest would be treated in the same way as UK interest and attract that starting rate of £5000.00.
Have a look at:
Tax on savings interest.
DT19852 implies that tax is not payable in the USA on this interest. 
Thank you. 

 

Hi Corinna Lenz,
Please refer to section 5 of this guidance.
You do not need to account for the VAT your customer in the UK will account for it under the reverse charge mechanism:
5. Reverse charge
Thank you. 
 

Hi Cardinal,
As the work is for a non UK company, this is foreign income and would qualify under the remittance basis rules.
Thank you. 
 

Hi mohitraina,
If you submit a paper P85 form, you can expect a reply within 11 weeks.
Thank you. 
 

Hi anushri.tyagi,
There are no Income Tax implications on the receipt of a cash gift unless the cash gift generates interest or dividends.
These would then potentially be subject to tax.
Further guidance can be found here:
Tax on savings interest
Thank you.