HMRC Admin 21 Response

Hi richard30,
If and when you sell the residential property,  you may find the HMRC Capital Gains Tax On Property calculator helpful when calculating the gain:
Tax when you sell property.
You can  deduct the costs of improvement work (for example an extension) when calculating Capital Gains on residential property, but general upkeep and repair costs are not allowable.
Thank you.

Hi Gabs,
If an online letting agent is providing an intermediary service to you as an overseas business then this would normally come under the General Rule of Services Rule and would be Outside the Scope of VAT.
Please see the guidance below:
11. Intermediary services.
If the VAT has been charged incorrectly then it would be the responsibility of the supplier to amend this, to raise a credit note and to amend their VAT returns.
Please see the guidance below:
4. Correcting VAT errors on a return already submitted
However if you are an overseas business and you are making supplies of land/property in the UK then the Place of Supply of your service will be in the UK if the property you are letting out is in the UK.
Please see the guidance below:
7. Land related services
If you are renting out holiday accommodation then this be a taxable supply in the UK.
Please see the guidance below:
1. Overview - hotels-holiday-accommodation-and-vat-notice-7093#overview
There will therefore be a requirement to register for VAT in the UK.
Please see below:
3. Working out whether you need to register
Who should register for VAT (VAT Notice 700/1)
Thank you.

Hi Rahul2024 prajapati,
If you need to change the address for your business please follow the link below:
Change your VAT registration details.
In order to create your Making Tax Digital Account in the meantime please contact our Online Services Helpdesk so that they can guide you through the process and advise you which details to use to successfully create an account.
Please see below:
Get help using VAT online services.
Thank you.

Hi ClentHills,
Thank you for your question.
The property must be let commercially as furnished holiday accommodation to the public for at least 105 days in the year. If the property is not let for at least 105 days, you have 2 options to make elections that can help you reach the threshold,
1. The averaging election – if you own more than one property.
2. A period of grace election – if your property reaches the occupancy threshold in some years but not in others.
Further information is available at: PIM4110 - Furnished holiday lettings: qualifying tests for 2011-12 onwards (IT and CT).
Thank you.

Hi Greenie999#,
Thank you for your question.  
Guidance for travelling expenses can be found in PIM2220: PIM2220 - Deductions: main types of expense: travelling expenses this states that the treatment of travelling expenses is similar to that for trades or professions. Therefore if the ULEZ charge is in incurred wholly and exclusively for the purpose of the rental business then it would be allowable as an expense.
Thank you.

Hi Timothy,
The IHS is not considered as Taxable Income.
Thank you.

Hi Taxdummy,
We will be notified of your Savings Interest by the Banks or NSI, but if your total Savings Interest is more than £10,000 then you will need to complete a Self-Assessment (SA) Tax Return - see the following Link -  Check if you need to send a Self Assessment tax return.
Thank you.

Hi Philippa H,
You do not need to declare your Dividend Income from your ISA Account - please see the following link - Tax on dividends.
Thank you.

Hi Zain,
Please refer to the following Guidance -Tax relief when you donate to a charity.
Thank you.

Hi Sammarco96,
Please see the following Guidance and detailed notes about leaving the UK to live in Spain - Living in Spain - in particular please refer to the Headings Tax and National Insurance and Social Security Contributions.  You will need to complete the Form P85 when you leave the UK.
Thank you.