HMRC Admin 18

Hi,

You can complete the on screen fill in and print form to send for us. See link below:

Register for Self Assessment

Thank you.

 

Hi,

There are no income tax implications on this but you may wish to speak to inheritance tax department. See link below: 

How Inheritance Tax works: thresholds, rules and allowances

Thank you.

 

Hi,

I'm not familiar with this case but you will often come across older court cases and appeal cases being referenced if they set a particular precedent as regards a liability of a product or in this case a ruling that defines what a partnership is.

Beyond this I can't really offer any help but just to state that this case must still have relevance in defining what constitutes a partnership for VAT purposes.

Thank you.
 

Hi,

Please review guidance re offshore funds:

Investment Funds Manual

If you require any further guidance on this then please can you outline your own circumstances and send in your enquiry in writing. 

Thank you.

Hi,

CIS deductions should be made and subject to a deduction as part of the overall cost of labour for:
• travel expenses 
• petrol for travelling 
• accommodation costs 
• subsistence 
• are subject to a deduction as part of the overall cost of labour

Thank you.

 

Hi,

You would still complete this section of the return, but you would also show the tax already paid so that you are not charged again on the same income. 

Thank you.

Hi,

If this is a business expense that meets the wholly and exclusivly rule then this would be an allowable expense.

Thank you.
 

Hi,

If you are declaring these on an arising basis then it does not matter that they are in mixed funds as all will be taxable in the UK. Once the tax has been paid, there will be no further income tax implications on the transfer of the money itself. 

Thank you.