Documents related to 'Remittance basis election'
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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
Reducing self-assessment payments on account letterIf you're in the self-assessment system you might be required to make payments on account of each year's tax liability. However, where you expect your tax liability to be lower than the payments on a... Read more
08 May 2017
Letter to chase a tax repaymentRepayments arising from online filing of self assessment tax returns may be stopped for a variety of reasons, and HMRC staff have to look at them before they can be released. Contacting HMRC should help to speed up your... Read more
13 Mar 2009
Overpayment relief claim If you discover a mistake in your tax return which resulted in your tax bill being too high, and it's too late to correct your self-assessment tax return, you can make an overpayment relief claim. The claim must include the ... Read more
19 Jan 2018
Claim for a capital loss outside self-assessmentIf you sell an asset for less than it cost, you will have made a capital loss. Usually, you are required to claim tax relief for a capital loss through your self-assessment tax return but if you don't co... Read more
20 Jun 2017
Amending a personal tax return letterYou are entitled to amend entries on your personal self-assessment tax return within the "amendment window". Where you completed and submitted your return electronically either using HMRC's or commercial software, yo... Read more
19 Jan 2018
Trading allowance claim for partial reliefThe trading allowance is a fixed tax deduction given automatically against miscellaneous or trading income if it is no more than £1,000 in total during the tax year. Where income exceeds £1,000, the t... Read more
16 Nov 2022
Dividend voucherWhen your company pays a dividend it should provide each of the receiving shareholders with a dividend voucher as a receipt for their records. Issue a voucherWhile not strictly necessary under company law, it's advisable for a compan... Read more
30 Jun 2016
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
