HMRC Admin 21 Response

Hi TabUk,
If the completion date of the disposal ocurred after 5 April 2024, then the capital gain falls into the 2024 to 2025 tax year.  If you are required to complete a tax return for 2024 to 2025, then you would include the capital gain on that tax return, where the disposal value exceeds £50000.  If the completion date was before 5 April 2024, then yes, you would need to amend your tax return, if the disposal value was over £50000.
Thank you.

Hi caffyred,
To check on the progress of your repayment, log into your Personal Tax Account, and click on the 'Check Progress' tab, at the top of the page just below the blue bar. If the progress of your repayment still doesn't show, contact us by webchat or phone via Income Tax: general enquiries to allow us to check this for you.
Thank you.

Hi Patience,
We can't provide you with a value of the shares. That is not HMRC's responsibility.  When shares are removed from an ISA, they lose their capital gains protection.  You would use the acquisition value of the shares for calculating capital gains tax.
Thank you.
 

Hi Nigel Ho,
SA106 is the foreign section of the tax return.  If you have registered for self assessment and a tax return has been issued to you.  You can use your government gateway user ID and password to log into your personal tax account and log into your tax return.  You would select 'yes' to the question on foreign income, when tailoring your tax return.
Thank you.

Hi Fraser Scott,
HMRC does not provide a calculator for working out capital gains tax arising from shares or other assets that are not residential property.  There may be commercial calculators on the internet, you could use at your own risk.  
If you find you have a capital gains tax to pay from the disposal of shares, you can report and pay the tax using the raltime capital gains tax service at Report and pay your Capital Gains Tax-to-report.  You have until 31 December after the tax year ends to do this.  After this, you must complete a self assessment tax return.
Thank you.
 

Hi Pensionquery005,
If flexibly accessed yes. if a cash withdrawal it will be a p53 - Claim a tax refund when you've flexibly accessed all of your pension (P53Z).
Thank you.

Hi greenman,
It's possible that there's been an error in your submission, or something's gone wrong in processing your form. You may wish to try submitting the P55 again - if you encounter the same issue again, contact us by webchat or phone via Income Tax: general enquiries , where we can review your record and advise you further.
Thank you.

Hi K J,
Yes. this is seen as a sale of the property and capital gains will be due on the difference in value. your son will also now need to declare the rental income.
Thank you.

Hi Canc,
We cannot comment on any form of calculation/example or scenario, whether fact or fiction. We can only point you the direction of the guidance, so that you can review the guidance and to allow you to make an informed decision.  
Thank you.