HMRC Admin 21 Response

Hi Isabel,
Yes.  
If you do not need to complete a self assessment tax return, please complete form P85 (Get your Income Tax right if you're leaving the UK (P85)) to advise that you are leaving the UK and will continue to be employed by a UK employer.
Thank you.

Hi STal,
Yes.
 From 6 April 2024, you can open more than one ISA in the same tax year, however, you are still limited to a maximum saving of £20,000 in any year.  Please have a look at the guidance at:
 Individual Savings Accounts (ISAs)
Thank you.

Hi,
No, prize winnings are not taxable.
Thank you.

Hi wiishend,
Inheritance tax rules have changed in the Autumn budget.  
Please have a look at the guidance at
Inheritance Tax nil-rate band, residence nil-rate band from 6 April 2028.  
The existing rules at Tax on a private pension you inherit will apply until 6 April 2028.
​​​​​​​Thank you.
 

Hi,
The acquisition cost would be calculated at 3 different occasions, each when you acquired an additional share of the property.
 Please have a look at the guidance on market value at:
CG14530 (CG14530 - Consideration for disposal: market value rule),
not at 'arm's length at:
CG14540 (CG14540 - Consideration for disposal: market value rule: not at arm's length) and 'arm's length' at:
CG14541 (CG14541 - Consideration for disposal: market value rule: at arm's length).  
This guidance will help you determine the acquisition cost to set against the disposal value.
Thank you.

Hi,
The UK tax treaty with Sweden can be found at:
Sweden: tax treaties.  
You will need to review the article to identify the one that relates to your source of income.  
If your source of income is not covered by any of the articles, then have a look at article 20.
You should also include an amount in pounds sterling.  
If you do not have an exact figure, you would use your best estimate in pounds sterling.
Thank you.

Hi,
If the spouse is not a crown servant, then they are treated as being non UK resident for tax purposes.  
Any income / capital gains arising while overseas would be taxable in the other country of residence, provided there is a tax treaty between the UK and that country.  
You will find the list of tax treaties at:
Tax treaties

Hi Zara,
Thank you for your question.
I can confirm that your proposal is okay if this is the split agreed by both of you.
Thank you.

Hi Andrew,
There can be situations where an employer can reemburse employees for rellocaiton expenses but if this is a second visa it is unlikely to be covered. Please see:
Expenses and benefits: relocation costs re this.
Thank you.

Hi,
Q1. You would only need to send an EPS if it was required ie reporting periods of no payments, claiming back statutory payments etc.
Q2. You would need to do an amendment to correct anything reported incorrectly. You may wish to speak to your payroll software provider re this.
Thank you.