HMRC Admin 25 Response

Hi Kalpesh Patel,
Please see the below guidance:
Notes on completing your CT61 Return
If you require further advice on this matter, please seek professional help through a financial advisor or accountant.
Thank you. 

Hi Ben Tannahill,
Please see the below guidance:
Set up a limited company: step by step
If you require further advice on this matter, please seek professional help through a financial advisor or accountant.
Thank you. 

Hi mgr.kamil,
We're unable to provide tax planning advice.
Please see the below guidance:
CTM61500 - Close companies: loans to participators and arrangements conferring benefit on participator: contents
If you require further advice on this matter, please seek professional help through a financial advisor or accountant.
Thank you. 

Hi UKNewbie,
Please see the below guidance:
CTM01105 - Corporation Tax: introduction: basis of charge to CT
Thank you. 

Hi 
Yes, you are correct in thinking that losses can be carried forward and offset against future profits.
This is applicable as a non-resident landlord as well.
The losses can be carried forward until such times as they are fully exhausted.
Thank you. 

Hi serycrissy,
Repairs and maintenance are classes as revenue expense and can be set off against your rental income in the same way as if you had paid for the work to be carried out.
Further information on allowable expenses is available at:
Work out your rental income when you let property
Thank you. 
 

Hi CheddarCat
Please confirm which expenses you are referring to and the years to which they apply.
Thank you. 

Hi DHMY685,
If you are making a UK supply of goods to another UK company and the other company are the importer of record then this company will own the goods when they come in to the UK.
Hence, you will not be making a supply of goods in the UK to this company and so the supply will be Outside The Scope of VAT.
Thank you.

 

Hi Peter Bernhard,
If you are buying a new printer and it is being charged without VAT then you would need to consider why this new item is being charged without VAT,
If the seller is VAT registered then VAT should apply to the sale of this.
I would recommend challenging the supplier about this .
Thank you. 

Hi Peter Smith,
Can you please contact our Helpline on 03002003700 so that we can open your account and confirm that we have received your return and payment.
We wouldn't be able to advise about your app unfortunately.
Thank you