Personal tax - Dealings with HMRC
He won't go away. But using the right documents will make your dealing less unpleasant
Models (46)
Year-end tax planning checklist There are a number of tax allowances, exemptions and rate bands which if not utilised in one tax year cannot be carried forward for use in later years. Use our checklist to help you ensure that you're not missing out on... Read more
12 Apr 2024
Self-assessment checklistThe tax return filing deadline is 31 January following the end of each tax year. Use our checklist to reduce the chances of making any errors.Tax returnsSelf-assessment is the current method of reporting your income and capit... Read more
12 Apr 2024
Exchange of joint interest relief claimIf you swap a joint interest in land or buildings to rationalise your ownership you may be able to defer any capital gains tax that might have been chargeable as a result of the transaction.ReliefWithout special... Read more
11 Dec 2018
SEIS reinvestment relief claimIf you make a capital gain you can reduce or eliminate any capital gains tax (CGT) payable by purchasing shares in a seed enterprise investment scheme (SEIS) company.GainsCGT is payable on gains made from the sale or tra... Read more
11 Dec 2018
Letter to pension company requesting payment of annual allowance chargeIf you exceed the pensions annual allowance or where it applies the money purchase annual allowance, you will be liable to the annual allowance charge. Rather than pay it personal... Read more
08 Nov 2018
Claim for small part disposal relief - compulsory purchaseIf you are forced to sell your land to a local authority under a compulsory purchase order, you could benefit from an expanded form of small part disposal relief.Part disposals - generallyWhen... Read more
19 Jun 2018
Share loss relief claimUsually, capital losses can only be used to reduce capital gains but in some circumstances they can be used to reduce tax on income.Share lossesLosses incurred on certain qualifying company shares are eligible for special treat... Read more
16 Apr 2018
letter turning down an interviewThere is no statutory obligation to attend an interview with HMRC. If HMRC requests a meeting, but you're satisfied that there's no advantage to having one at this stage of the enquiry, you can write, declining a meeting... Read more
13 Mar 2018
Claim to pay capital gains tax in instalments For individuals, capital gains tax is payable by 31 January following the end of the tax year in which the gain occurred. Usually you'll have enough money from the transaction to pay the tax. However, proc... Read more
13 Mar 2018
Election for foreign lossesIf you are non-UK domiciled but tax resident here, you can claim the remittance basis of assessment for your foreign income and gains. Where you make a capital gains tax (CGT) loss on foreign assets you can obtain relief ag... Read more
07 Mar 2018
