HMRC Admin 19 Response
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RE: Sending money from abroad to UK account
Hi alexhewitt,
The transfer of money from an overseas bank account to a UK bank account has no Income Tax consequences, unless bank interest or dividends are generated:
Tax on savings and investments: detailed information
Thank you. -
RE: Cash-back received in buying new build home
Hi,
Cashbacks that can be categorised as inducements, to an individual who is not running a business, to enter into a transaction for the purchase of goods, investments or services, and are received as a direct consequence of having entered into that transaction, are not taxable. Based on the information you have provided, the cashback sum you received from the property developer is not taxable. You can see guidance here:
Statement of Practice 4 (1997)
The following guidlines also outlines that cashback, in the terms outlined, are not a capital sum and not liable to Capital Gains Tax:
CG13027 - Incentive payments/financial institutions: cashbacks: contractual rights
Thank you. -
RE: P11d medical insurance method of calculation
Hi,
You would calculate the value which is accrued in each tax year and report it on that years P11d.
Thank you. -
RE: Agent registering a client as employer
Hi,
You will need to contact our online services team regarding this.
Technical support with HMRC online services
Thank you. -
RE: Registering for VAT when selling services overseas
Hi,
If you are a sole trader in the UK and you provide design services to a company based overseas then these services would be outside the scope of VAT.
You would therefore not be required to register for VAT although you could register on a voluntary basis.
You can see the guidance below,specifically section 2.9.
Who should register for VAT (VAT Notice 700/1)
If you choose to register for VAT then there will be an option to register on the basis of making supplies overseas.
The only basis on which there would be a requirement to register for VAT would be if the design services are related to a specific property in the UK and the registration threshold of £85K is breached.
Please see the guidance below:
Land related services
Thank you.
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RE: VAT on sub letting
Hi,
If you sub let commercial property then this would normally be an exempt supply for VAT purposes.
If you want to be able to charge VAT then you would have to submit an option to tax for a specific property.
If you take out a lease on a new property and the landlord has taken out an option to tax then you would need to submit an option to tax if you want to be able to reclaim the VAT which the landlord has charged you. This would then require you to charge VAT on the rent to your tenants
Please see the guide below:
The scope of an option to tax
Thank you. -
RE: VAT from Belgium/EU
Hi,
Businesses can only claim import VAT as input tax if the business is the importer of record and received a C79 as evidence to claim this back. A UK business cannot claim back Belgian VAT with a C79.
If the Belgian VAT has been correctly charged then there would be a procedure to claim this VAT back from the EU member state.
Please see the guidance below:
How to claim a refund of VAT paid in an EU member state
Thank you. -
RE: VAT for items sold as promotional goods
Hi,
If the scenarios are not met in the following guidance then it would be a UK sale and so would attract the VAT specific to the products you are selling:
Zero rating goods and services bought with charitable or donated funds
The other relief would be if you are exporting those goods overseas.
Please see the guidance below:
Conditions and time limits for zero rating
Thank you. -
RE: Solicitors, VAT, invoices, Brabners v HMRC ruling on Disbursements
Hi,
Unfortunately we cannot provide a definitive answer on this forum.
Please see the guidance below:
Find out about the Non-Statutory Clearance Service
Thank you.