HMRC Admin 21 Response
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RE: Sole trader - foreign vs. UK income
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RE: Cash ISAs and rules
Hi GC Gloria,
This forum is for general queries only and is intended to help you self-serve. We are unable to provide specific advice tailored to individual circumstances.
You may wish to contact our self assessment helpline on 0300 200 3310, contact our webchat facility at Contact HMRC
or seek professional advice.
Thank you. -
RE: Capital Gain Tax Overseas Income on maturity
Hi ash000 Archit123$,
As the account is as a guardianship to then be owned by your son, it will be him.
Thank you. -
RE: Be both employed and self-employed at the same time
Hi Aqsa,
In the first instance you need to determine your employment status
Employment status
You may also find the following guidance useful:
Self Assessment tax returns.
Thank you. -
RE: ALCS Tax
Hi Jason,
We are unable to review personal matters on this forum.
For an answer to a personal question of this nature, you would need to contact our Self Assesment helpline or contact our webchat:
Self Assessment: general enquiries.
Thank you. -
RE: Exchange rate calculation on overseas property sale
Hi cjp,
You can use any of the rates in the tax year applicable to when bought and sold. HMRC rates are at HMRC currency exchange average rates - GOV.UK (trade-tariff.service.gov.uk) and Exchange rates from HMRC in CSV and XML format.
Thank you. -
RE: Is tax relief included in contributions for pension recycling rule purposes?
Hi Octopus91,
Please refer to:
PTM133810 - Unauthorised payments: Deemed or specific situations that are unauthorised payments: recycling of pension commencement lump sums: overview.
Thank you. -
RE: remittance basis
Hi Win,
Here is our response to your questions:
1. yes 2. yes
Thank you. -
RE: Sufficient ties test
Hi pikeface999,
There are only 5 ties in total, so you can only have a maximum of 5 ties.
There is a family tie, an accommodation tie, a work tie, a 90 day tie and a country tie. Once you meet the family tie with one child, you do not need to consider the other children, as you have already met the tie.
The accommodation tie guidance at RDRM11550 advises that you will have an accommodation tie if you spend 1 night in your motorhome, as it is available to you for a continuous period of 91 days or more. (RDRM11550 - Residence: The SRT: Accommodation tie).
A home can be a building, or part of a building, a vehicle, vessel or structure of any kind which is used as a home by an individual. It will be somewhere which an individual uses with a sufficient degree of permanence or stability to count as a home.
The tables at RDR show the numbers of nights you can remain in the UK and be not tax resident, based on the number of ties you meet.
Thank you. -
RE: Energy company referral scheme
Hi Kenny,
In response to your question the answer is No.
Thank you.