HMRC Admin 20 Response

Hi KM,

Companies must self-assess their tax liabilities, so HMRC cannot provide advice on what the company can or cannot claim. 
You can find information relevant to your query at:
 CA23115 - Plant and Machinery Allowance (PMA): First Year Allowance (FYA): distinction between leasing and provision of services.
If you need further information, you will need to speak to a financial adviser, such as an accountant. 

Thank you.

 

Hi adri_ss,

You can find information about the obligation for companies not resident in the UK to deduct basic-rate income tax from UK-source interest at:
 SAIM9200 - Payment of interest overseas
and
SAIM9090 - Deduction of tax: yearly interest: UK source: the general rule.
If you are unable to request a CT61 return, please write to Business Tax and Customs, HMRC, BX9 1AX. 

Thank you.

Hi tomgoldsmith,

You can find HMRC guidance on Business Asset Disposal Relief (BADR) by going to:
 Business Asset Disposal Relief (Self Assessment helpsheet HS275). 
If that guidance does not answer all your questions, you can contact HMRC by calling 0300 200 3310 or writing to Self-Assessment, HM Revenue and Customs, BX9 1AS. 

Thank you.
 

Hi LeriJam,

You can register straight away or register at a later date.
You may not need to register if your income will be below £1,000 in the tax year.
Tax-free allowances on property and trading income Self-employed

Thank you.

Hi Evgeniia,

You apply for split year, if applicable, after the end of the tax year in which it refers to so if you are referring to the current tac year, you cannot apply for it until after 6/4/24.

Thank you.

Hi Sharif Alhadi,

As we can't view the code from this forum she will need to contact our Income Tax department so that we can review the code.
Income Tax: general enquiries

Thank you.

Hi englandreturns,

If the benefit is taxed through payroll you answer no to the question.
If you answer yes you would be taxed on the amount again.

Thank you.

Hi 

You can create your own PDF document with the details and attach that rather than the individual disposal reports and that way you can still file online.

Thank you.

Hi QueenQueen,

As you don't need to declare the income from Hong Kong as that is wholly taxable in Hong Kong, you would select none.

Thank you.

Hi BBM,

No need to report it on a tax return as it is under £300 and will be covered by the dividends allowance.

Thank you.