HMRC Admin 21 Response

Hi cp3,
If the share are of the same company and same kind, you can pool them together and use an average value for the acquisition cost.  This will be deducted from the disposal value, along with broker fees etc, to work out your gain/loss.  In this way it does not matter whether the share disposed of is older or newer than any other disposed at the same time.  This is known as a section 104 holding.  
Please have a look at the guidance at helpsheet HS284 for more information. Shares and Capital Gains Tax (Self Assessment helpsheet HS284).
Thank you.

Hi Rebecca Aldridge,
We cannot asnwer the Lifetime ISA section without knowing the position on the SDLT. You will need to check with the Stamp duty office first and then submit a further query to include their reponse.
Thank you.

Hi Del,
If you qualify for split year then you only report any foreign income for the UK part of the year RDRM12000 - Residence: The SRT: Split year treatment .
If you do not qualify then you will need to report all your foreign income to the UK Tax on foreign income.
The guidance at RDRM12150 at www.gov.uk will help you work out if split year treatment applies. Also refer to Check if you need to send a Self Assessment tax return.
Thank you.

Hi ReginaldDuck,
If the customer is the importer of the goods over the value of £135 then you are not making any taxable supplies.
If you sell goods under £135 through a marketplace and the goods are sent directly from Gibraltar then you are not making taxable supplies.
Therefore there will be no requirement to register for VAT in these cases.
If the goods of any value are in the UK when sold and these goods are being sold via a marketplace then you will be making a deemed zero rated supply to the marketplace.
These zero rated deemed supplies are taxable supplies and will require you to register for VAT.
However you can apply for an exemption to reistration if you supplies are all or mostly zero rated.
Please see the guidance below, specifically section 3.11
3.11 When you might be exempt from registration
You may want to consider registration , however, if you import goods in to the UK before they are sold as it will allow you to recover the import VAT as input tax on your VAT return.
Thank you.

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Hi Retman,
You would normally have to register for VAT if you breach the Registration threshold.
However you can apply for an exception to registration if this is a one off sale.
Please see the guidance below, sprecifically section 3.7
3. Working out whether you need to register.
Thank you.

Hi John Peake,
The customer in Northern Ireland should not have to pay any additional VAT when the vehicle arrives in Nothern Ireland and the only VAT to be accounted for will by by your business under the second hand margin scheme.
Thank you.

Hi Simon Johnson,
Please see the guidance below:
2. Welfare services.
Thank you.

Hi RR Rogers,
Please contact our helpline and we will investigate this for you.
Please see below:
VAT: general enquiries.
Thank you.
 

Hi Shreyans Jain,
If you receive an amount of commission in the UK then this would be a Vatable supply and hence your business would account for the VAT on all of this commission.
Thank you.

Hi JP,
If the goods are not coming in to the UK then your sales will be Outside the Scope of UK VAT and there will never be a requirement to register for VAT in the UK
However it is likely that because you are making supplies in the EU there will be a requirement to register for VAT in the EU.
I would recommend contacting the French authorities about your requirements to register for VAT.
Thank you.