HMRC Admin 21 Response
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RE: Exchange Rate
Hi,
Under the terms of Self Assessment, we do not provide an official exchange rate and the onus is on the individual to use a just and reasonable exchange rate for each acquisition and disposal.
For your convenience, there are exchange rates at:
Exchange rates from HMRC in CSV and XML format
Thank you. -
RE: VAT Repayment statement
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RE: Rental expenses
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RE: Being tax on income under £12,500
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RE: UK.GOV Account "The details entered don't match our records "
Hi Alfieburrell79,
I am sorry you are having problems trying to get access to your account.
I would try the, Technical support with HMRC online services again to advise what has happened.
If you look in this link it also gives Ask HMRC online this may help.
Thank you. -
RE: Losses on rented foreign property
Hi,
Please find guidance here:
PIM4702 - Rent from property outside the UK: Income Tax (IT)
PIM4222 - Losses: how relief is given against general income
Thank you. -
RE: Interest only mortgage expenses
Hi,
The mortgage is declared in the section for residential fainance costs - its on the last page of the rental section in the online return. for paper returns it is box 44.
Thank you. -
RE: Rental income (rent-a-room + driveway)
Hi,
This does not fall under rent a room as you are not living in the house at the same time. you need to declare this along with the driveway rental income via a tax return.
Thank you. -
RE: split year treatment
Hi KWOK,
This is for you to determine based on the guidance available -
RFIG21030 - Statutory Residence Test (SRT): Split year treatment: When split year treatment will apply
Thank you. -
RE: Selling on an average cost basis - is cost to acquire total or average?
Hi Paul,
You will still need to take an average of the total costs.
Thank you.