HMRC Admin 19 Response
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RE: Exchange Rate for Foreign Income
Hi
It is up to you how you do this, as long as the exhange rate is just and reasonable.
Thank you. -
RE: CGT and ending a Bare Trust
Hi,
You can see guidance here:
TSEM1563 - Introduction to trusts: types of trust: bare or simple trust
Thank you. -
RE: Certificate of Residence (CoR) - status = completed
Hi,
You would need to contact our Self Assessment team to pursue this.
Self Assessment: general enquiries
Thank you. -
RE: VAT return
Hi,
If you are paying VAT through VAT accounts, this is money that is not part of your turnover. It is only where you have VAT as part of your turnover that you declare the turnover and claim the VAT as an expense. You can see guidance here:
Self-employment (full) notes
Thank you. -
RE: Can I add my parents to a property they gifted me the money to buy?
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RE: Masters' Students Working Hours and Tax Process
Hi,
Sorry, we can only answer HMRC questions on this forum.
Please contact UK Visas and Immigration for advice.
Thank you. -
RE: UK Eori and VAT number
Hi,
Yes, once you have a VAT registration number you will need to contact the EORI team to set up your new EORI.
Get an EORI number
You will also need the Customs Declaration Service (CDS) online services linked to your new EORI to be able to access postponed VAT accounting (PVA) statements.
Get your postponed import VAT statement
Guidance on when a business can use PVA can be seen here:
Check when you can account for import VAT on your VAT Return
Thank you. -
RE: Education VAT exemption for Ltd Company
Hi,
Please refer to notice 701/30 section 9, regarding supplies of English as foreign language:
English as a foreign language
For a commercial provider the conditions in section 9 need to be met in order for a supply to be treated as VAT exempt.
The place of supply rules should also be taken into account when determining whether you ae making a supply that falls within the scope of UK VAT or not. Notice 741a provides details on place of supply of services:
The place of supply rules for services
Thank you.