HMRC Admin 21 Response

Hi Cooper Zirtec,
The tax does not go back to your employer as it is counted as being paid by you for the credit, please refer to:
Relief for foreign tax paid (Self Assessment helpsheet HS263).
Thank you.

Hi Steve,
You would need to check if the redundancy payment is taxable or not to see what would be included in your adjusted net income:
 Redundancy: your rights.
Thank you.

Hi Emjay,
Yes. you will need to adjust the purchase price to show your 50% at the time actually bought and then the other 50% value at the time your ex partner transferred it to you.
Thank you.

Hi Cherry,
That is correct.
Thank you.

Hi mailgvuk1,
Commonly foreign income and gains are ‘remitted to the UK’ if they (or something deriving from them) are:
brought to, or received in, or used in the UK by you or another relevant person
brought to, or received in, or used in the UK for your benefit or that of another relevant person
used to pay for a service provided in the UK to you or another relevant person
used to pay for a service provided in the UK for your benefit or that of another relevant person
used outside of the UK for a relevant debt in the UK
A remittance will not only occur if you remit the actual or original foreign income and gains to the UK. You will also make a remittance if you remit something that derives from them to the UK.
Thank you.

Hi Lightbulbmoment G,
Yes that will be correct if the untaxed savings are not included in your tax code.
Thank you.

Hi Elizabeth,
You may wish to set up a Personal Tax Account (PTA). You will then be able to check your records and manage your details with HM Revenue and Customs (HMRC).
There is also information that may help at: How to update your tax code.
Thank you.