HMRC Admin 20 Response

Hi alan23567,
As long as the property continues as a rental business then expenses would be deductable under Property Income Manual 2005.
As mentioned previously following the end of a tenancy expenses are not an allowable deduction as you have ceased to be a landlord for business purposes.
Any expenditure must be wholly and exclusively for the business.
Thank you.

Hi fbeggs,
Import declaration will be submitted by the courier, please contact the courier and let them know that you have been granted TOR relief.  
They need to complete declaration correctly to claim relief providing the TOR reference is still valid.
Thank you.

 

Hi Emma12,
If a business believes that they have overpaid VAT on their VAT returns then they must submit an error correction to HMRC through the guidance here:- 
How to correct VAT errors and make adjustments or claims (VAT Notice 700/45).
You should submit this correction as quickly as possible after discovering the error.
HMRC will be unable to process any refund of overpaid VAT without the VAT returns being corrected.
If you are worried about being able to meet VAT payments owed to HMRC, or you anticipate that payments coming due will cause  problems, we would encourage you to set up a self-service time to pay arrangement while the situation is resolved.
This can be done online and there is more information at If you cannot pay your tax bill on time
If you cannot set up a time to pay arrangement online, you can call HMRC’s debt management team on 0300 200 3887. 
Thank you.

Hi Emma12,
It is crucial that HMRC have the correct status for businesses in terms of the business being either a UK established business or a NETP.
This status should also be communicated to the marketplace in order that the marketplace can account for the VAT correctly on behalf of the business.
If the business is a NETP and they are selling goods of any value from a warehouse in the UK via a marketplace then it is the responsibility of the marketplace to account for the VAT on the sale of the goods.
Please see the guidance below:
VAT and overseas goods sold directly to customers in the UK Goods that are in the UK at the point of sale
1/ There are two ways of accounting for VAT for overseas traders who either sell their goods via a marketplace or sell goods directly to their customers.
If the overseas business sells goods directly to a customer below a value of £135 via the marketplace then the marketplace should account for the VAT on these sales.
If the overseas business sells goods directly to customers in the UK without the use of a marketplace then the oversees seller has the reponsibility to account for the VAT
Please see the guidance below:
Changes to VAT treatment of overseas goods sold to customers from 1 January 2021 Goods located outside the UK at the point of sale
2/ If it is determined that the business is a NETP then the responsibility to account for VAT would have been with the marketplace from the first sale”.
3/ Postponed VAT Accounting is only relevant if the business is the importer of record and the goods are above £135 in value.
Please see the guidance below:
Check when you can account for import VAT on your VAT Return
The VAT Registration threshold will only apply to UK established businesses. If the business is classed as a Non Established Business then the threshold will not apply and Registration would need to made upon the first sale of goods.
Please see the guidance below:
Who should register for VAT (VAT Notice 700/1)
4/ .If the company registers for VAT then it can recover VAT on imports made after VAT Registration.
There is also an entitlement to recover VAT as input tax incurred prior to VAT Registration if the goods are still on hand on the date of Registration.
Please see the guidance below:
VAT guide (VAT Notice 700) 10. Introduction to input tax
VAT guide (VAT Notice 700) 11. Input tax when VAT paid on goods and services received before VAT registration
5/ it is for the business to satisfy themselves if they are NETP or not, and to register and account for VAT accordingly.
After this decision has been made then the rules described above are mandatory to follow
Thank you.