HMRC Admin 21 Response
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Re: RE: Overpaid Student Loans £5,204.24 Refund Due Self Assessment
Hi Ruth Parchment,
It means: Student Loans Unit (SLU).
Thank you.
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Re: Backpay From A Pay Award Covering Several Years
Hi Derek_F_1968,
You will need to write to HMRC at H.M. Revenue and Customs Pay As You Earn BX9 1AS and make a claim for 'arrears of pay'. In your letter, you will need to provide a breakdown of the payment you received and how it relates to each of the earlier tax years.
Please have a look at the guidance at PAYE70023 - PAYE operation: aspects of PAYE operation - employer: payment of arrears of pay for closed tax years and EIM02530 - Employment Income: arrears of pay and awards under the Equal Pay Act 1970 for more information.
Thank you. -
Re: Got a letter to complete Tax Return for 22-23 online. I can't find it online
Hi Sergey,
You will need to register for online filing in order to do this - Self Assessment tax returns.
Thank you. -
Re: CGT on deceased property
Hi Jo P-K Payne,
If the property was named in a will, along with the beneficiaries, then when your last surviving parent passed away, the property was transferred to the beneficiaries, with a value as declared in probate. If the property is disposed of for more than the probate value, then a capital gain arises. Each of the beneficiaries would need to work out what their gain is and report and pay it within 60 days of completion.
Thank you.
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Re: Selling shares gifted
Hi belgiumqq,
Yes, provided you make a gain when you dispose of them.
Thank you. -
Re: Communicate with HMRC
Hi "LIVINGINUK Giuseppe,
No we dont correspond by email.
Thank you. -
RE: Maximum Savings Interest before I need to pay tax
Hi Oliverps46 Oliver,
Saving bonds interest is taxed in the year that it is made available to the you as the customer.
Thank you.