HMRC Admin 2

Hi,

If the parties are not married or in a civil partnership, then you are not required to submit the Declaration of Trust.

You should declare the rental income based on the beneficial ownership of the property as stated in the Declaration of Trust. Only send the Declaration of Trust to HMRC if it is requested.

Thank you.

Hi,

You can show the holiday letting business as ceasing from the date the property ceased to qualify as furnished holiday lettings.

Then show anything after that as income from property.

Thank you.

Hi,

As long as all the parties involved agree the split in the income, then no legal document is required to support this it is just for each person involved to declare their actual share of the income and expenses.

You can find guidance on penalties here:

Self Assessment tax returns

Thank you.

 

Hi,

The service charge is an allowable deduction from your property income. This can be claimed in box 8, legal, management and professional fees.

Thank you.

Hi,

Please contact the non-UK resident landlords team for advice.

Non-UK resident landlords

Thank you.

Hi,

We would advise to keep trying our helpline so that we can access your details and identify the problem.

Phone lines are less busy between 8.30am and 11am.

VAT: general enquiries

Get help using VAT online services

Thank you.

Hi,

Assuming that there will be no VAT to pay at the border if the goods are imported to the warehouse and are not in free circulation.

If that is the case then only the net value of the goods would be recorded in box 7.

Thank you.

Hi,

The forum team do not have access to customer accounts and can only give general advice.

If you have contacted the helpline, then the advisor would have referred the issue to our digital team to investigate and resolve for you.

This can take time depending on the issue.

Thank you.

Hi,

If you are a VAT registered company in the UK and you make a zero rated export to another business in the EU, then you are able to recover the input tax incurred in the UK, subject to the normal rules of input tax.

VAT guide (VAT Notice 700)

Thank you.

Hi,

There is now a requirement for all companies, regardless of turnover, to register for MTD and submit VAT returns using MTD compliant software.

One option is to deregister if the company is trading below the VAT threshold.

The other option is to register for MTD and use free MTD compliant software. HMRC can't recommend software but free versions are available.

Find software that's compatible with Making Tax Digital for VAT

Thank you.