HMRC Admin 10 Response
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RE: proof letter/certificate
Hi
Please look Prove you qualify for Child Benefit -
RE: Self employed and starting a job
Hi
We can not advise you on the statement to choose as it has to be completed by you to reflect your personal situation. Your new employer will then use this so you pay the right amount of tax before they complete their first payroll for you. -
RE How can a student get a prove of national health insurance?
Hi
Thank you for your enquiry. You can obtain a statement of your National Insurance contribution records via your Personal Tax Account online. Or by contacting the National Insurance contributions helpline on 0300 200 3500.
Please see further information here - Check your National Insurance record -
RE CGT or Income Tax on US Treasury Bills sold before maturity
Hi
US government bonds, sometimes known as T-bills or treasury bills are generally taxed as income rather than capital gains. The return is paid at maturity rather than regular interest payments.In the UK, these are known as deeply discounted securities, with the discount being the difference between the price at which they were issued and the price received at maturity. On a foreign investment the income is the difference between the purchase and redemption price after each has been converted to sterling on the day the transactions took place, so includes any foreign exchange gains.Losses cannot be deducted. -
RE Using tax code in Self assessment
Hi
You would claim the personal pension relief if your pension contributions were taken from your net pay and you are a higher rate tax payer. On the online Self Assessment form in the tailor your tax return section you would answer yes to the question- Did you make contributions towards a personal pension or retirement annuity? This will open the section to declare the pension contribution made to receive the tax relief. -
RE Tax on UK income whilst overseas and non resident for tax purposes
Hi
As this is a government pension, this remains liable in the UK. -
RE Reporting Interest Income for Fixed Deposits on Auto-Renewal
Hi
As it is a fixed term deposit of 12 months then the interest should be declared at the end of the term. -
RE DTA Article Number for form HS304 - UK national resident in Spain
Hi
Pension income will be article 17 but UK rental property is not exempt and remains liable in the uk. -
RE: Profit from Indian Mutual funds
Hi
The maximum rate is 15%. -
RE: CGT liability
Hi
Yes stamp duty is an allowable cost.