HMRC Admin 25 Response

Hi BritishAl23,
The investor in non reporting funds is taxable on income that has been distributed to them.
Please have a look at the guidance on non reporting funds here:
IFM12100 - Offshore Funds: introduction: background to the treatment of UK investors in offshore funds
Thank you. 

Hi Nancy A
You are not required to notify HMRC of any gifts you receive.
Thank you. 

Hi Pen T,
Foreign Tax Credit Relief is only available in the UK, to set against tax paid on rental income from property in Spain.
It does not cover the wealth tax, as this tax is separate to income and Capital Gains Tax in Spain.
Thank you. 

Hi RJHMC,
You would need to discuss transferring your pension with the pension company.
Please have a look at for more information.
Overseas pensions: pension transfers
Thank you. 
 

Hi Jax,
If you are supplying digital services via Etsy then the responsibility to account for VAT to the end customers belongs to Etsy.
However you are still making a supply of services to Etsy and if Etsy are in the UK then this would be a Vatable supply to them at the rate of 20%.
This would need to be recorded on your VAT return.
If you are making digital supplies to consumers in the EU then you would either have to register for VAT in all the member states where you make supplies to or register for MOSS(OSS) in a country of your choosing.
These supplies would still need to be recorded on your VAT return as Outside The Scope supplies,
If you are supplying services outside the EU then ,again,the supplies would be Outside The Scope of UK VAT and would still need to be recorded on your VAT return
Please see the guidance below:
VAT rules for supplies of digital services to consumers
Thank you. 

Hi A Taxman,
Thanks for your feedback.
I will pass your request on to the Team which oversees online improvements.
Thank you.
 

Hi Richard Witzend,
Unfortunately you are not able to appeal the interest charge via your Business Tax Account or in writing.
However, if you contact our Helpline on 03002003700 we can complete an 'interest objection' and refer this over to our Appeals Team on your behalf.
Thank you. 

Hi njc23,
Thank you for your question.
Information on the NRL scheme can be found here under the section “When an application can be made”:
What the Non-resident Landlords Scheme is
Thank you. 

Hi njc23,
Thank you for your question.
Under these circumstances, if you are selling the property you currently hold in joint names, then proceeding to purchase a further property which would be wholly in your name, that advice should be sought from the Land Registry and a legal professional as this subject surrounding legal home ownership is not covered under Income from property or HMRC.
If once the property is purchased, then placed in your name and is then being let and rental income also placed in your name, then HMRC would expect to see a Form 17 submitted with sufficient evidence, i.e. a Declaration of Trust to support the claim of uneven shares so both records may be noted accordingly. 
Thank you. 

Hi Tamara Sysojeva,
You will  need to contact the courier to discuss this matter further.
Thank you.