HMRC Admin 25 Response

Hi ray,
You should only claim relief for the amount of miles actually travelled.
Read more here
Claim tax relief for your job expenses
Or contact us here:
Income Tax: general enquiries
For more advice. 
Thank you.

 

Hi andreas
The rent a room scheme would only be applicable to the renting of the room in your property and as such you would only be taxlable on the income that exceeds the rent a room relief of £7,500.
The letting of the parking space would be a separate income source and this business could make use of the £1,000 allowance and you would therefore only be taxable on the income above £1,000.
If you have no other income then you would only be liable to pay tax if your taxable profits from both these sources exceeded the current personal allowance limit of £12,570 per annum.  
Please see guidance here:
Tax-free allowances on property and trading income
Rent a room in your home
Thank you. 

Hi iren,
 Acquisition costs such as solicitor’s fees will be retained and set against the Capital Gains upon the sale of the property as they are classed as a Capital Expense.
They can not be set against the annual income as an expense.
Further information can be found on our website:
PIM2005 - Deductions: general rules: overview
CG15150 - Expenditure: introduction
Thank you. 

Hi iren,
Please see:
PIM2120 - Deductions: main types of expense: legal and professional costs
Which states 'the expenses incurred in connection with the first letting or subletting of a property for more than one year are capital expenditure and therefore not allowable.
The expenses include, for example, legal expenses (such as the cost of drawing up the lease), agent's and surveyor's fees and commission.
Expenses for a let of a year or less can be deducted.
Thank you. 

Hi Dave,
In order to get advice on anything to do with orporation tax you would need to contact the orporation tax helpline.
You can find details here:
Corporation Tax: general enquiries
Thank you. 
 

Hi Chinwoke Nwafor,
We would need to access your tax records so that we can arrange for the incorrect employer to be removed.
Please see our contact details here:
Income Tax: general enquiries
Thank you. 

Hi Kerman,
If your total income for the tax year is below £50,270 then you will pay income tax at 20%.
Please see rates here:
Income Tax rates and Personal Allowances
Thank you. 

 

Hi Rach-66,
If you are struggling to get hold of a P45 from your old employer you can complete a starter checklist for your new employer. Starter checklist for PAYE
Your old employer should submit the P45 information to us.
You can check if we hold this by checking your personal tax account.
 Personal tax account: sign in or set up
Thank you. 

Hi Ryan,
If the goods are being imported in to the UK then the VAT will become due once the import is made.
The supplier will have to check the time of supply rules regarding their export from the EU with their member state.
However, if you become the legal owner of the goods in the EU then essentially you will be paying a deposit to the EU company for a domestic sale in the EU which will attract EU VAT at that point.
Once you import the goods in to the UK there will be UK VAT to pay at the border which you can recover subject to the input tax guidance below.
10. Introduction to input tax
Thank you. 

 

Hi Petrus,
You are correct in ststting that the tax point of the import is the date on which the goods are imported.
Therefore if £500 worth of goods are imported in July then the VAT return would be completed on the basis of the value of the goods imported in July.
The same procedure is then used for the import of the goods in August
You would need to contact the MTD software provider as regards the completion of the VAT return to make sure that it completes the return figures correctly.
Thank you.