HMRC Admin 25 Response
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RE: Bed and ISA
Hi de@,
You could to ensure no further interest is applied in one of the accounts.
Any interest earned will be taxable income and form part of your savings allowance. the interest in the remaining ISA will still be tax free.
Thank you. -
RE:Gifting money from eu to uk for a house deposit
Hi Vavandryan,
There are no tax implications arising from the gift of money.
Any interest or dividends arising from that gift are taxable and should be declared.
We cannot advise on the documentation a bank would require.
You would need to contact the bank for that.
Thank you. -
US EE Bond
Hi BritishAl23,
If you invest in deeply discounted securities, put the difference between what you paid for the bond and what you redeem or sell it for in box 3 of SA101 (page Ai1).
Thank you.
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RE: Non-EU/EEA Certificate
Hi sirdmark2014,
Sorry, but due to backlogs you are looking at January 2024 for a reply.
You can however chase this up by phoning us on 0300 200 3300.
Thank you -
HMRC or non-HMRC for an oversees worker, with Uk employment contract but Italian residency
Hi Beatrice T.,
As its not clear which forms you are filling in, please refer to:
Tax on your UK income if you live abroad
Thank you. -
RE: Transfer of funds from foreign account
Hi San CA,
How you transfer the funds is up to you.
Thank you. -
RE: Declare capital gains?
Hi Spuse,
It is the date you arrived in the UK.
Thank you. -
RE: Letter from HMRC saying my business turnover is getting near the threshold
Hi enquiry_nov2023,
I would only respond to the letter if the letter has asked you for a response.
If you're satisfied that there is no requirement to register for VAT then there will be no action which you would need to take.
Thank you. -
RE: Lost VAT payment
Hi MaryW,
You can appeal in writing against penalties you have received by writing to:
Solicitor’s Office and Legal Services
HMRC
BX9 1ZT
As regards the payment you have made and the evidence you have to confirm the payment you could speak with the Corporate Treasury Team directly on 03000 518 141
Thank you -
PLEASE HELP LAUNCHING NEW BUSINESS SOON NEED ANSWERS
Hi maria89 L,
If you are providing digital services to UK customers then there would be a requirement to register for VAT once the £85K threshold has been breached.
This would mean that you would not need to register for VAT and therefore not charge VAT to UK customers,EU customers or customers outside the EU.
However if you are supplying non business customers within the EU then there would be a requirement to register for VAT in the countries where you make these supplies or alternatively register for MOSS in a member state of your choice.
Please see the guidance below;
VAT accounting options for UK businesses supplying digital services to consumers in the EU
Digital portals, platforms, gateways and marketplaces
Thank you.