HMRC Admin 5 Response
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RE: Don't receive state pension only private
Hi cathyk
If you are not old enough to receive the state pension then you do not need to enter a figure in the state pension box.
If you are still having issues then you can contact HMRC for assistance Self Assessment: general enquiries
Thank you -
RE: Marriage allowance
Hi mayc cheung
If the claim was made in July 2023 then the tax code show have been amended by now.
Your husband would need to contact HMRC to review his code Income Tax: general enquiries
Thank you
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RE: Repayment Pending 12 months
Hi jackjosh9 Mcgowan
I am sorry there has been a delay in completing the security checks. As it is a different department that carries out the checks you have done evertthing you can and if the timescale is now May 2024 then we will need to allow that time to complete the checks. If you wish you can contact your local MP if you want to escalate.
Thank you -
RE: Please explain to me the corporation place of management
Hi
The residency of the company is determined by its place of registration and its place of management and control.
Some companies have dual residence as a result. This is a complex area, I suggest you refer to HMRC's International Manual and if necessary, a professional accountant.
Thank you -
RE: Unincorporated Associations - Corporation Tax
Hi
Yes, you will need to write to HMRC Business tax and customs, BX9 1AX and advise the full name and address as well as the accounting period.
Please set out the full details of how you operate and who can enter tournaments and whether you charge an entry fee.
Whether CT is payable will depend on whether you are trading. Information can be found in HMRC's Business Income Manual at BIM20000 onwards. This is available on the GOV.Uk website.
Thank you -
RE: Family Investment Companies
Hi
This is a complex area. Please refer to guidance available on our website at
BIM46435 - Specific deductions: professional fees: capital structure of business
CTM08260 - Corporation Tax: management expenses: capital exclusion - acquisitions and disposals - periods from 1 April 2004 and
BIM46405 - Specific deductions: professional fees: general principles
You may wish to seek advice from a professional accountant.
If, having fully reviewed the guidance you haven’t been able to find the information you need or you are genuinely uncertain about how the legislation applies, you may consider making an application to the Non-Statutory Clearance Service. Guidance on this can also be found on our website at Find out about the Non-Statutory Clearance Service.
Thank you
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RE: Company formation costs using company formation agent
Hi
Please refer to guidance available on our website at BIM46435 - Specific deductions: professional fees: capital structure of business.
Generally, pre-trading expenditure can be an allowable deduction where it is revenue in nature, but there are exceptions and if it is capital it is not allowable.
If, having fully reviewed the guidance you haven’t been able to find the information you need or you are genuinely uncertain about how the legislation applies, you may consider making an application to the Non-Statutory Clearance Service. Guidance on this can also be found on our website at Find out about the Non-Statutory Clearance Service.
Thank you -
RE: Self Assement
Hi
The additional allowance in your tax code would be for the marriage allowance transfer.
If your income for 2022/23 meant you were a higher rate tax payer at 40% then you would not be entitled to the marriage allowance transfer.
To check if this was the case we wpuld need to review the Self Assessment calculation.
You can contact HMRC to check this at Self Assessment: general enquiries
Thank you -
RE: PMI Deductions to be declared on Self Assessment
Hi
If the medical benefit is taxed through your payroll then you do not need to include as a separate entry on your Self Assessment as included in your P60 pay and tax details.
Thank you