HMRC Admin 17
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RE: VAT account
Hi.
If it is a Transfer of a going concern and the new owner wants to keep the same VAT number then you would need to go through this process.
If you go through the deregistration process online it will give you the option to select that the VAT number is being transferred.
If you don't want the new owner to have the same VAT number then you would simply deregister the VAT number via your
Business Tax Account and the new owner would apply for a new VAT number through their Business Tax Account .
Thank you . -
RE: Invalid UK Vat Number - On-going Issue
Hi,
Hi. I'm sorry to hear that you are having this issue and that it has yet to be resolved.
If you have contacted HMRC and reported the issue then this will have been passed over to
the Department responsible for resolving this.
HMRC are working urgently to fix this issue for all companies affected but at the moment,
unfortunately, we don't have a timescale for this issue to be resolved.
Thank you . -
RE: Paying tax and NI on a one of earning
Hi,As already advised, pension payments to not attract national insurance contributions.
Please use the tool to determine whether a self assessment tax return is required.
If it is not, then there is nothing you need to do.
Your pension provider will supply your pension information to HMRC and our PAYE system
will work out how much tax you have to pay.
Thank you . -
RE: Enhancement Expenses
Hi ,
From the list you provide, only the expenditure for creating the extra bedroom would be allowable to set against the capital gains,
for examply, the partition wall, re-wiring the new bedroom, painting and decorating the new bedroom.
Re-wring and painting and decorating for the remainder of the house would not be allowable.
Re-wiring, painting and decorating and new heating systems are all considered repairs and maintenance, s
o do not qualify.
Please have a look at :
Capital Gains Manual for more guidance on expenditure .
Thank you . -
RE: Paying IHT due on gifts via DPS
Hi ,
As this forum is for personal tax, you will need to contact the Inheritance Tax helpline on 0300 123 1072
for advise on which forms to complete .
Thank you . -
RE: When to send an Individual DT
Hi ,
The DT individual form at :
Double Taxation: UK-France (SI 2009 Number 226) (Form France-Individual) ,
should be downloaded and printed off.
Please send the completed and signed form to the French tax authorities.
They will validate the form and return it to you.
You should then send the form to HMRC at the address on the form.
HMRC will review the form and send a 'NT' tax code to your pension provider.
This will give them the authority to refund any tax they have deducted from yoru pension.
Everytime, you receive a new pension / annuity, you need to complete the same form and
follow the process mentioned above.
Thank you . -
RE: Grandparents remit tuition fees and living expenses
Hi,
This would be seen as cash gifts and there is no tax due on this.
Only the interest that it generates would be taxable and UK banks/building societies report this to HMRC .
Thank you. -
RE: VAT for e-commerce
Hi.
If the goods are in the UK at the point of sale and then exported to your customers in North America then
you will be making taxable supplies in the UK and this will require you to be registered for VAT.
If you buy the goods in the UK then you will be able to recover the VAT on these purchases as your input tax.
Please see the information below:
Who should register for VAT (VAT Notice 700/1)
VAT guide (VAT Notice 700)
VAT on goods exported from the UK (VAT Notice 703)
Thank you . -
RE: VAT Solar Batteries
Hi.
There would not be a minimum number of panels which would need to be installed.
However the solar panel(s) need to be installed at the time as the battery as a single supply .
Thank you . -
RE : Changing accounting software
Hi.
If you have installed new software then there should be an option to digitally connect the software to
your MTD account within your software.
Normally there will be an option to 'Grant authority to connect to HMRC' or something very similar.
I would recommend cutting the link between the old software and your MTD
accountly firstly by clicking on the following link:
Manage permissions for tax software .
If you are still having an issue then I would recommend contacting your software provider.
Thank you .