HMRC Admin 10 Response

Hi
We are unable to comment on specific tax scenarios on this forum, but I can confirm that your UK personal allowance and any Foreign Tax Credit relief due will of course be taken into account when calculating your UK tax liability and that the appropriate tax rates will apply.       
Relief for Foreign Tax Paid 2021 (HS263)                                                                                             
Residence: Personal Allowances

Hi
We would need details of full query.
I would advise contacting the Customs and International trade helpline on 0300 322 9434 if you have any other issues with your query.

Hello.
Please refer to notice 700/1 section 2.9 if you are a UK business and only make supplies abroad.
Basic principles 
This advises a UK business may still register and recover VAT where those supplies would be taxable if made in the UK.
Input tax recovery would be via the VAT returns and subject to the normal input tax rules in notice 700 sections 10 to 13
​​​​​​​Introduction to input tax
 

Hello.
I have just successfully compeleted and previewed the vat126 form using Edge as the browser.
However at the preview stage I did have to allow pop ups on the browser for it to create the preview on screen.
This was a small message that appears by the web address box.
If the problem persists for yourself after allowing pop ups, try deleting your cookies and temporary internet files to see if that resolves this issue too.

Hello.
The business would need to look at where the goods were located when supplied to determine whether UK VAT is applicable.
For example, if the goods were imported into the UK as the suppliers’ own goods and then supplied to the end customer here in the UK the place of supply would be UK and UK VAT applicable.
However, if the customer took ownership of the goods whilst outside the UK and they imported them into the UK as their own goods, then the place of supply would be the country in which the customer took ownership of the goods.
Where this is outside the UK this is outside the scope of UK VAT. 
Please refer to section 4.8 of notice 700 here: The basic rules for VAT

Hello.
We need to look at your supply in two separate parts.
The first part of guidance you refer to in your example is for the sale of goods from Amazon to the end customer.
As Amazon is accounting for the VAT on this transaction it would be excluded from your flat rate calculation.
The second part of guidance regarding the zero-rated deemed supply relates to the goods that you have imported into the UK and then are deemed to be supplying to Amazon.
The purpose of this is to allow a business to reclaim the import VAT they may be incurring on bringing the goods into the UK.
Zero rated supplies are included in the flat rate scheme calculation.
However, this scheme may not be appropriate for your business as you would end up paying VAT on a supply where you have not charged VAT and the flat rate scheme would not allow you to separately recover the import VAT.
A business may leave the flat rate scheme whenever it wishes please refer to notice 733 section 12 :
Leaving the scheme

Hi
Thank you for your question.
Under the pretence that you have previously registered for Self-Assessment, you would now be able to complete and submit the 2022/2023 Self-Assessment Tax Return either via paper return on 31st October 2023, or 31st January 2024 if you complete the Tax Return online showing the updated income distribution. 

Hi
Thank you for your question.
You are correct in that as you hold different shares in the property to have created a Deed of Trust to outline this, as a Form 17 is not applicable as you are not currently married/ in a civil partnership.
I would advise that it is not essential to send the Deed of Trust into HMRC, however, please keep a copy of the Deed accessible as in future it may be requested. 

Hi
Thank you for your question.  
For your partner to be assessable on part of the income you would have to transfer part of the ownership to her, otherwise all the income from property would belong to you for tax purposes and the fact you choose to give this to your partner is just between you both.  
A deed of trust is not just for tax purposes, it is a legal document, so if you take out a deed of trust, transferring a share of the property to your partner, she would become the legal owner of that share of the property.  
More information can be found in our online Trusts, Settlements and Estates Manual from TSEM9105 onwards.

Hi
Thank you for your question.
We will not be able to tell you how much tax you will owe in the 2022-23 tax year until you submit your tax return for that year.
I can only suggest that you submit the tax return for 2022-23 as soon as possible.