HMRC Admin 25
-
RE: Claiming Capital Gains Loss on Private Investment with Fraudulent Activity
Hi Harry,
You state that no income from the investment has previously been declared as it was mmediately re-invested.
Depending on the type of investment, the distribution may be taxable when payable even if re-invested.
Please see the guidance starting from:
SAIM5000 - Dividends and other company distributions: overview and contents
Thank you.
-
RE: Clarification Needed on "Untaxed Interest on Savings and Investments" Calculation and Source
Hi angelapowuk,
You will need to contact for a breakdown of the details held by HMRC here:
Income Tax: general enquiries
Thank you. -
RE: Child Trust Fund
Hi Alvibobby62,
Sorry We are not able to advise on this at this forum.
For assistance please see here:
Child Trust Fund
Thank you. -
RE: Wrong name on self assessment
Hi Michelle T,
If your name is incorrect and you are unable to amend online then you will need to contact HMRC to review and update:
Self Assessment: general enquiries.
Thank you.
-
RE: Registering self employed
Hi mathman,
Yes, you would need to register as self employed;
Set up as a sole trader: step by step
You would still have the same Unique Tax Reference, UTR.
At the tax year end you would complete the self employed page when you submit your tax return.
Thank you.
-
RE: Dividends on my foreign insurance policy
Hi Winnie Leung.
If your only foreign income was taxed dividends up to £1,000 you can enter your foreign dividends in this field (rather than in the Foreign section). Enter the sterling equivalent of the dividend.
This is box 6 page 3 of the SA100.
If your total dividend income (including UK and foreign dividends) is over £1,000 and you're eligible to claim deduction relief or Foreign Tax Credit Relief,.
Do not include the foreign dividend in this box.
Complete the 'Foreign' section instead.
Thank you. -
RE: Vat Registered company and unregistered co.sharing one epos system
Hi RichardHa,
If the franchisee is not VAT registered then any sales made by them will not be subject to VAT.
Any commission which you charge the franchisee would attract VAT as you are VAT registered and making a taxable supply.
We can not see there is an issue with the franchisee catering sales going through your till as long as it is very clear that these sales are being made by the franchisee and not yourself and these are clearly recorded.
We would also recommend drawing something up in writing to your franchisee to confirm this arrangement so as to avoid any issues.
Thank you. -
RE: Self Assessment Etsy Seller - About to become VAT registered - Advice needed
Hi laurasmith87,
HMRC cannot recommend a specific software which would cater to your needs.
However there is a list of Making Tax Digital software available on our website.
Please see below:
Find software that's compatible with Making Tax Digital for VAT
Thank you.
-
RE: Overseas VAT registration - HMRC issued VAT number in owners personal name not company
Hi Jay,
Apologies that this is taking so long to resolve.
However if you have contacted our Helpline then the advisor would have taken the details and referred this over to the Department responsible for resolving this issue.
We understand that this is an urgent issue so we would advise you contact the Helpline again here:
VAT: general enquiries
To get a progress reposrt on this.
Thank you.
-
RE: UPS Charging VAT for refused package
Hi dfungtre,
Please could you get in touch with our Customs International Team.
Please see the link below:
Imports and exports: general enquiries
Thank you.