HMRC Admin 25 Response

Hi Antoinette,
If you are having problems getting through to us by telephone then please use the webchat service:
VAT: general enquiries
Please select the option 'Ask HMRC online
Thank you. 

Hi William,
We aim to register businesses for VAT in as short a time as possible.
However, we need to be satisfied in all cases that the business is making taxable supplies and have a right to register and so we do need to correspond with businesses for further information where required.
This can take a little time to do but is necessary to make sure that the registration process is carried out correctly.
Thank you. 
 

Hi Pudge,
Please see the guidance below:
How to correct VAT errors and make adjustments or claims (VAT Notice 700/45)
Thank you. 

 

Hi nige106,
As your net profit from rental income is below £2,500 Self Assessment would not be required for rental income.
However, We would advise to consult the Self Assessment criteria tool as other reasons for completing a tax return may have been triggered.
We would also suggest consulting the attached guidance regarding beneficial ownership of property found in TSEM9160 as percentage split may differ from 50/50 so we would be unable to give a definitive answer to your follow up question:
TSEM9160 - Ownership and income tax: legal background: ownership - income follows property
Thank you. 

Hi Lucy,
 Based on the information provided in your question and previous question, we would advise that as tenancy ended and a new tenant is now renting the property in its entirety that the two incomes should be declared separately as under rent a room relief and as residential rental income.
Thank you. 

Hi Rory,
1.) You are correct, Airbnb do pass on rental income information to HMRC as a requirement.
However, it is also your own personal responsibility to inform HMRC of any rental business income via the Self-Assessment Tax Return.
This is done within the SA105 property page if your profits exceed £2,500 after any deductions are taken, with profits between £1,000 and £2,500 notified to PAYE.
2.) Depending on certain criteria, rent a room relief may apply.
Please follow the attached guidance for more information:
Rent a room in your home
3&4.) Within the SA105 page, there shall be boxes to disclose rental income and expenses depending on the type of expense incurred, to which the calculation shall only produce a tax liability if a profit is made and your personal allowance has been exceeded.
Thank you. 

Hi James,
Without knowing the full circumstances of the original property owned in the UK, we would be unable to fully answer your query unfortunately.
If only the bungalow is used when you are in the UK, then we would advise this may be deemed as your primary residence, however, we would refer to:
CG64427 here: https://www.gov.uk/hmrc-internal-manuals/capital-gains-manual/cg64427
As well as the option to nominate which property you wish to be your primary residence here:
https://www.gov.uk/hmrc-internal-manuals/capital-gains-manual/cg64485.
Please also refer to the following guidance regarding the rent a room relief scheme as certian criteria must be met, i.e. is fully furnished in your own residential property home:
https://www.gov.uk/rent-room-in-your-home/the-rent-a-room-scheme.
As this forum relates to income from property and incurred expenses, we would direct you to the Stamp Duty and Capital Gains contacts here: https://www.gov.uk/government/organisations/hm-revenue-customs/contact/stamp-duty-land-tax 
https://www.gov.uk/government/organisations/hm-revenue-customs/contact/capital-gains-tax-enquiries-for-individuals-employees-and-self-employed.
Thank you. 

Hi PrivateSmallLandlord,
I confirm that as the rental business is continuing, expenses incurred in redecorating the property which may be sold can be set against the gross profits as a deduction.
Please refer to:
PIM2505 - Beginning and end of a rental business: commencement
PIM2510 - Beginning and end of a rental business: cessation
Thank you. 

Hi farzad528 Sunavala,
In order for us to look in to this for you please contact us by webchat or phone:
Self Assessment: general enquiries
Thank you. 
 

Hi Tyran.vandmerwe,
Unfortunately, we are not able to check individual tax records through this forum, to review this you will need to contact HMRC here:
Income Tax: general enquiries
Thank you.