HMRC Admin 21 Response

Hi,
Please refer to: Tax on foreign income.
Thank you.

Hi Eleni,
Please refer to: 
Set up as a sole trader: step by step,
Expenses if you're self-employed and,
Self Assessment tax returns.
Thank you.

Hi Robbi,
We will need to access your record to review this for yout, please contact: Self Assessment: general enquiries.
Thank you.

Hi,
You will only pay the higher rate tax on the income in the higher rate tax band. You can check the tax bands at:
 Income Tax rates and Personal Allowances.
Thank you.

Hi Thomas,
Please refer to guidance at: Capital Gains Tax, share reorganisations and company takeovers (Self Assessment helpsheet HS285).
Thank you.

Hi gatheolo212,
In most cases you would not pay tax on this income in the UK, but this will depend on whether there is a tax treaty between the UK and your country of residence.  (Tax treaties).
If there is no tax treaty, then you may be taxable on this income in both countries.
Thank you.

Hi,
Most interest is now paid without deduction of tax.  
You declare the interest to HMRC whether in writing or a tax return.  
Please have a look at the guidance on helpsheet HS295: HS296 Capital Gains Tax and Debts (2024).  
Your girlfriend needs to declare her employee shares as the dividends are taxable.
Thank you.

Hi Mark,
The self assessment criteria tool (Check if you need to send a Self Assessment tax return) asks if your received more than £10,000 from dividends or savings and investment.  If you answer yes, then a tax return is required. Only once you have checked the criteria tool can you confirm if a tax return is required.
Thank you.

Hi,
The disposal of agricultural land is still a disposal and any gain, subject to Capital Gains tax, under other assets and gains. You would declare in the gain in the tax return for the year in which the land is disposed of.
Thank you.

Hi,
HMRC is unable to provide any further detail on how these changes will apply to an individual’s personal circumstances at this time. Policy is still being written and may change. 
Thank you.