HMRC Admin 2

Hi,

Generally when calculating rental business profits, a customer can deduct business expenses so long as they are incurred wholly and exclusively for business purposes and are not of a capital nature.

PIM2005 - Deductions: general rules: overview

Care home fees would not be considered to be expenses incurred wholly and exclusively for business purposes.

Thank you.

Hi,

Partners who are not married or are not in a civil partnership and are joint owners of a property, can agree a different division of profits and losses. This cannot be done retrospectively.

PIM1030 - Introduction: jointly owned property & partnerships

Each partner should then report their agreed share of the profit or loss on their Self Assessment tax returns. If you decide to amend your 2020/21 Self Assessment tax returns, you have until the 31 January 2023 to do so.

For 2019/20, you should submit an overpayment relief claim if you have paid too much tax or a letter if you have under declared the rental income.

Thank you.

Hi,

When changing the legal entity of a business you have two options.

You can either cancel the registration for the old entity and obtain a new VAT Registration Number for the new entity, or you can request to change the legal entity of the current registration number.

You can do both of these things via your Business Tax Account. 

Thank you.

Hi,

From April 2022, Making Tax Digital became compulsory for all VAT registered traders, regardless of turnover.

As such, you should now be preparing to submit your VAT returns via compatible software.

VAT Notice 700/22: Making Tax Digital for VAT

Thank you.

Hi Hui gong,

Please refer to the link provided which specifies what you should do, based on the location of the items. 

VAT and overseas goods sold to customers in the UK using online marketplaces

Thank you.

Hi,

Please contact the imports and exports team for advice.

Imports and exports: general enquiries

Thank you.

Hi,

You can find guidance here:

Apply for an Advance Tariff Ruling

You can use the ‘Get help’ or ‘Is there anything wrong with this page’ link on the page in the online service you’re using if you have received an error message.

Thank you.

Hi,

You can subscribe to the Customs Declaration Service below and select the 'get help with this page' link to report any issues

Subscribe to the Customs Declaration Service

If you are unable to migrate you can ask to continue to use Customs Handling of Import and Export Freight (CHIEF) from 1 October 2022.

Ask to continue to use Customs Handling of Import and Export Freight (CHIEF) from 1 October 2022

Thank you.

Hi,

You can find guidance here:

Application for transfer of residence relief (ToR1)

You can also contact the imports and exports team for advice.

Imports and exports: general enquiries

Thank you.

Hi Ed R,

You can subscribe to the Customs Declaration Service below and select the 'get help with this page' link to report any issues

Subscribe to the Customs Declaration Service

If you are unable to migrate you can ask to continue to use Customs Handling of Import and Export Freight (CHIEF) from 1 October 2022.

Ask to continue to use Customs Handling of Import and Export Freight (CHIEF) from 1 October 2022

Thank you.