HMRC Admin 25
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RE: VAT on sale of trademark (IP)
Hi Makkalany,
If they are selling a registered trademark to a customer in the UK then this would be a UK taxable supply and so VAT would be charged.
However, if the sale constitutes a transfer of a going concern then would be disregarded for VAT purposes.
Please see the guidance below:
2. How to apply the TOGC rules
Thank you.
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RE: Transitional Profits On Partnership UK Land & Property
Hi Sam,
The Self Assessment Manual at SAM70050 outlines the customer support we can provide with this type of enquiry.
The section ‘Your Charter’ confirms that we can of course direct customers to the relevant guidance, but we can't provide support with the calculation of specific business profits.
The Business Income Manual BIM81340 covers partners with trade profits and a rental business.
You may find example 25 particularly helpful.
BIM81340 - Transitional rules: partners with continuing notional business
Thank you.
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RE: Dividend declaration - nett of fees - clarification on eligible fees for deduction
Hi JDAVEYTAX,
In general there are no provisions for claiming relief for fees incurred in the process of earning interest or dividends.
Guidance on dividends starts from SAIM5000
SAIM5000 - Dividends and other company distributions: overview and contents
Thank you.
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RE: Salary Sacrifice car arrears
Hi Pam,
Please see previous answer, salary sacrifice is applicable from date it was agreed from.
Thank you.
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RE: Second Rental Property for Non-Resident Landlord
Hi Squeakie123,
Non-Resident Landlord Scheme applications and queries are handled by a specialist team.
You can contact the team by calling:
Non-UK resident landlords
Or by writing to: Charities, Savings and International 1, HM Revenue and Customs, BX9 1AU, United Kingdom.
Thank you. -
RE: Uk taxes taken off by employer
Hi ffede1203,
No, you do not include the National Insurance deducted from your salary.
Thank you.
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RE: BNO
Hi hz7562,
You can check if you need to file a Self Assessment tax return here:
Check if you need to send a Self Assessment tax return
Thank you.
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RE: Tax on 5 Year Bond
Hi JAAN,
Yes, the interest is taxed in the year that it is made available to the you.
Thank you. -
RE: Completed CWF1 form and awaiting confirmation
Hi Ann Li,
If you have still not received your UTR then you will need to contact HMRC to review here:
Self Assessment: general enquiries
Thank you.
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RE: Capital gain tax on forex
Hi Vane Lecuyer Ortiz,
For tax purposes, the activity of buying and selling securities generally falls short of trading and is subject to Capital Gains Tax (CGT)
Please note, however, that CGT is not payable up front, so any platform fees you are being charged should be taken up with the platform.
Please also note that capital gains on securities should be declared in your country of residence.
Capital Gains Tax: what you pay it on, rates and allowances
Thank you.