HMRC Admin 2

Hi,

You can find guidance on selling property abroad here:

Tax when you sell property

Thank you.

Hi,

We would probably need a few more specifics to answer completely. However, broadly if the car was purchased by the company for use by the company then allowances can be claimed which would reduce the Corporation Tax due,

However, if the company purchase the car and there is absolutely no business use of it at all there would be no reduction. Although the car would become an asset of the company there would be no capital allowances or wda that could be claimed unless there was some business use involved.

Thank you.

Hi,

Please give us a call. We can then get the payable order cancelled and take bank details so that when fresh authority is received to issue the refund it can be sent via BACS. 

Thank you.

Hi,

We continue to look at opportunities to improve our services, which include extending the use of online claim forms and a more automated service where possible.

The online form to which you refer is for making extended loss carry back claims only. We aim to work these within 4-6 weeks from receipt.  

There is also an online form for reclaiming tax paid by close companies on loans to participators.  

CTM61610 - Close companies: loans to participators and arrangements conferring benefit on participators: repayment of - date relief is due

All other Corporation Tax repayment claims can be made within a return filed online or in writing to: 

Corporation Tax Services 
HM Revenue and Customs 
BX9 1AX 
United Kingdom

Thank you.

Hi,

You can find guidance on the release or writing-off of a loan or advance to a participator here:

CTM61655 - Close companies: loans to participators: release or writing-off of loan or advance

Thank you.

Hi,

The information provided suggests that conditions A, B and C of the targeted anti-avoidance rule are satisfied.

CTM36305 - Particular topics: company winding up TAAR: targeted anti-avoidance rule (TAAR)

Where conditions A, B and C are satisfied S396B/404A will still not apply unless Condition D is also met.  Subject to the facts of the case, where Condition C is met due to an individual remaining ‘involved with the carrying on of’ a trade as an employee, rather than as an owner, shareholder or partner, and has no involvement in or influence over the direction or decision-making of the entity carrying on the activities, it is less likely that Condition D will be met. 

CTM36340 - Particular topics: company winding up TAAR: condition D

However, ITTOIA05/S396B/404A provides no statutory clearance procedure. Although there is a non-statutory clearance procedure, the applicant would not be uncertain about purpose, which is a subjective matter. It follows that a clearance application would not be appropriate unless it is limited to the application of specific rules in the legislation where there is genuine uncertainty about their application to a specific proposed transaction.

You can find information on our Non-Statutory Clearance Service and how to make an application here:

Find out about the Non-Statutory Clearance Service

Thank you.

Hi,

Login to your forum account, go to the thread you are interested in and select the "Subscribe" button at the top right of the thread.

You will get an email alert when a reply is posted to the thread.

Thank you.

 

Hi,

All tax credits customers who qualify for Working Tax Credit (WTC) also attract a National Insurance Credit (class 1 or class 3) which contributes towards their final retirement pension. The credit is always awarded to the WTC recipient.

The class 1 NI credit is only awarded when the recipient also receives a tax credits disability element. 

Thank you.

Hi,

You can find guidance on what counts as income here:

How to claim tax credits

Thank you.
 

Hi,

Child Benefit claims can only be backdated 3 months.  

You should send any documentation that is requested, with the application. If you do not have the documentation, you should enclose a covering letter explaining the circumstances.

Thank you.