HMRC Admin 21 Response
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RE: Inherited - Assigned Overseas Bond Chargeable Event
Hi samib,
As your wife is the beneficial owner of the chargeable event gain, she is liable to pay tax on any gain that arises. The gain should be declared in a Self Assessment tax return.
Thank you. -
RE: Gift of 100k from mum
Hi tomtom80,
There are no income tax implications from the receipt of a cash gift unless the cash gift generates interest or dividends. These would then potentially be subject to tax.
Further guidance can be found here: Tax on savings interest: How much tax you pay.
Thank you. -
RE: Does fundraising for a good cause abroad affect my tax return?
Hi F,
Cryptocurrency is considered an asset and its transfer could result in Capital Gains tax liability.
Thank you. -
RE: Return needed to declare amounts received from selling multiple personal items (non-trading)?
Hi,
Please find guidance at the following:
Selling online and paying taxes - information sheet.
and,
Use this tool to find out if you need to send a tax return for the 2023 to 2024 tax year (6 April 2023 to 5 April 2024) Link here:
Check if you need to send a Self Assessment tax return.
Thank you. -
RE: MTD token renewal
Hi,
Thank you for your post.
With the limited information given I cannot say exactly which helpdesk you need to contact. I have therefore provided the following:
Technical support with HMRC online services.
They should be able to help or advise further. regarding your issue.
Thank you. -
RE: My Personal allowance lowered
Hi
Unfortunately, it is not possible to check individual tax records through this forum, if you have a question which relates to your personal tax situation or tax code please contact our helpline:
Income Tax: general enquiries
On this page you will also see a link to:
Personal tax account: sign in or set up
which may be the quickest way to review information relating to pay and tax history, tax codes and how to change them.
Thank you. -
RE: Only foreign saving interest, no other income
Hi
Please find guidance at:
Tax on foreign income,
Self Assessment tax returns - Who must send a tax return.
Check how to register for Self Assessment.
Thank you.
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RE: Nominee tax return cheque
Hi,
If you have not received the cheque, you will need to contact our Income Tax team, we cannot review this over the forum.
Income Tax: general enquiries.
Thank you. -
RE: SDLT Surcharge Reclaim and Renting Out a Former Buy-to-Let
Hi,
Thank you for your question.
I am sorry that we cannot help you regarding your question, as it refers to tax planning and this is not in our remit.
Please refer to our Income from Property Manual- cessation of let property which may help you.
Please find the guidance at: PIM2510 - Beginning and end of a rental business: cessation.
Thank you.