HMRC Admin 21 Response
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RE: Getting an NT tax code to avoid paying tax twice
Hi Alison,
Instead of asking a question put in speak to an advisor.
Thank you. -
RE: send the tax return paper forms to HMRC
Hi Wee Bing Tan,
Please send your return to:
Self Assessment,
HM Revenue and Customs,
BX9 1AS,
United Kingdom
(Self Assessment tax returns).
Thank you. -
RE: Trading allowance
Hi kitjaixd1008,
Please refer to guidance at Selling online and paying taxes - information sheet.
Thank you. -
RE: ISA Transfers and new ISAs
Hi carolhlt.uk,
Interest earned in ISA accounts is tax free.
Thank you. -
RE: Maximum tax free savings interest
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RE: Is Money transfer from oversea taxable
Hi Juno,
Here is our response to your questions:
1. The interest needs to be declared,
2. No as there is no tax due on cash gifts,
3. No.
Thank you. -
RE: Tax
Hi Bob,
You will pay tax in the country that you are considered tax resident and this is for you to determine.
See guidance at RDR3 Statutory Residence Test and you may need to apply for tax exemption in one of the countries.
You will need to check with the Netherlands as to whether a work permit is required or not.
Thank you. -
RE: Advice on CGT/main residence relief
Hi AJT003,
You can. Nominations can only go back 2 years so you cannot backdate it to February 2022 when you moved to rented accomodation. see guidance at CG64485 - Private residence relief: only or main residence: two or more residences: right of nomination.
Thank you. -
RE: How much can I put in a private pension if unemployed
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RE: Personal Savings Allowance - edge case clarification
Hi chiyu,
You would be entitled to the £500 Higher Rate Personal Savings Allowance - while you would still be entitled to the full Starting Rate for Savings of £5,000, your total income crosses into the higher rate, so the Personal Savings Allowance changes to £500.
Thank you.