HMRC Admin 19 Response

Hi,

If you bring income, and, or capital gains that arose in a tax year where they were not remitted, into the UK in a later tax year then, under the remittance basis rules, the income or capital gains are taxable in the UK in that later tax year.  

Taxation on the arising basis, taxes your worldwide income and capital gains, regardless of whether it is remitted to the UK or not.

Thank you.
 

Hi,

Cash gifts in pounds sterling are not taxable. Depending on the amount of the gift, you may need to consider Inheritance Tax implications .

Rules on giving gifts

Inheritance Tax: general enquiries

You may also want to review the guidance here:

How Inheritance Tax works: thresholds, rules and allowances

Thank you.

Hi,

Please have a look at the following guidance, as "Inducements or rewards offered to customers by a trade, profession or vocation might constitute annual payments chargeable to tax under ITTOIA05/S683" if they posess the 4 characteristics described in the guidance.

SAIM8020 - Annual payments: meaning of annual payment

Thank you.

Hi,

We cannot confirm whether split year treatment will apply in your circumstances. This is an informed decision that you need to make, having reviewed and undertaken the statutory residence tests here:

RDR3 Statutory Residence Test

In the situation that you are treated as UK tax resident for the whole tax year,  you then need to follow the guidance on split year treatment. If you qualify for split year then you only report any foreign income for the UK part of the year. You can see guidance here:

RDRM12000 - Residence: The SRT: Split year treatment: Contents

If you do not qualify then you will need to report all your foreign income to the UK. Again, you can see guidance here:

Tax on foreign income

The following guidance will help you work out if split year treatment applies. In either case, a tax return is required.

RDRM12150 - Residence: The SRT: Split year treatment: Case 4: Starting to have a home in the UK only

Thank you.

 

Hi,

The VAT that you declare and pay over to HMRC is the difference bewtween the VAT declared on your sales and the VAT declared on your purchases. Please see the guidance below which will help you complete your VAT return correctly:

How to fill in each box on your return

Thank you

Hi,

The relief available for work on an empty property is available on the basis that the property has not been lived in for 2 or more years. You do not have to own the property for the relief to come in to effect.

Where you are living in the property while the work is being done then, as decribed in the following guidance, the work has to take place within one year of you acquiring the property:

Reduced rating the renovation or alteration of empty residential premises

Thank you.

Hi,

If you are buying the product in the EU and selling the goods in the EU then the sales are outside the scope of UK VAT as the goods are never in the UK.

If you sell goods within the EU and the goods move to another member state and the customer is VAT registsred in a different member state then the supply should be zero rated as a intra EU dispatch and the supply would be subject to acquisition tax in the member stare of destination.

We would recommend contacting the authorities in Germany regarding the requirements to register for VAT there.

Thank you.

Hi,

We apologise for providing this number to you.

Can you please contact our online services team.

Technical support with HMRC online services

Thank you.

Hi,

You are able to recover the VAT as input tax if the laptop was purchased in the course of your business. You can see guidance here:

VAT guide (VAT Notice 700)

Please can you confirm if you then sell on the laptop to the other company in Japan and if so is it exported out of the UK?

Thank you.

Hi,

The email address for the Registration Team which you have used is the correct one and they will reply to your request.

Thank you.