HMRC Admin 17 Response
Joined: 1/20/2021
-
RE : HMRC IT issue trying to de-register from VAT
Hi.
I’m sorry to hear of the problems you have encountered.
This issue would need to be looked into by the VAT helpline.
As you have already sent in a paper VAT 7 this would be looked at by the deregistration team.
I can only advise you contact the VAT helpline again on 0300 200 3700 as they can check the VAT records for the business,
look into any possible IT issues and send off the relevant referrals to try and resolve the issues.
Thank you . -
RE : Clarification on VAT Registration for SRA-Regulated Firms
Hi.
A business must be making taxable supplies in order to register for UK VAT.
Please refer to notice 700/1 for guidance regarding when a business should register for UK VAT :
Who should register for VAT (VAT Notice 700/1)
Please note the current VAT registration threshold is £90,000 taxable turnover for UK businesses as detailed here:
Register for VAT .
As there are no special registration rules listed in the above guidance for SRA regulated firms they would follow the normal registration guidance.
Thank you . -
RE: Personal allowance
Hi ,
Thank you for your question, unfortunatley I cannot help you on this forum as this relates to residence.
Please advise your daughter to call the helpline on- 0300 200 3600 .
Thank you . -
RE : Civil partners with each living in their own property
Hi ,
Please refer to :
CG64545 - Private residence relief: two or more residences: no valid notice made .
Thank you . -
RE: How to claim foreign tax credit relief
Hi ,
For the foreign tax paid on a capital gain, you need to tailor your return at section 3 and answer the question on the
first page - do you want to claim foreign tax relief on capital gains.
This then opens the correct box .
Thank you . -
RE: How to Claim CGT relief form a previous year using online self assessment
Hi ,
You will need to send this in the post to
HMRC PAYE & Self Assessment
BX9 1AS .
Thank you . -
RE : Investment Bonds, Death, Chargable Event Gains, Top Slicing, SA101
Hi ,
You dont work out the top slicing relief as we will do that when the return is processed.
You will need to give details of each chargeable event in respect of gain received and the number of years .
Thank you -
RE: Gifting shares to family
-
RE : How long do I need to keep evidence
Hi ,
The tax year 19/20 is now out of date to report these capital losses for them to be used at a future date. for 20/21,
you should send in a letter with a computation to show how the losses arose.
These can be noted so that they can then be used whenever you need them .
Thank you . -
RE: Capital Gains on share proceeds sent to the US
Hi ,
As the shares are transferred to you at probate you are the one selling these for yourself and captial gains would
be for you to declare and not the estate .
Thank you .