HMRC Admin 21 Response

Hi Tax 24,
Please refer to the following Guidance - Tax on property, money and shares you inherit.
Thank you.

Hi Jeffrey,
It is Capital Gains.
Thank you.

Hi dunamis,
If the new role is under self employment you will need to declare this in a tax return to pay the tax. if under PAYE, it will be taxed at source once your employer sends the detaIls to HMRC.
Thank you.

Hi MT023,
You will need to make a 'Just and Reasonable' apportionment to calculate the MV of the land at the time it was acquired. It is up to you if you get professional advice on this but if enquired into you need to demonstrate that 'Just and Reasonable' calculation.
You can also request a Post Transaction Valuation Check (PTVC) on form CG34 if the asset has been disposed of and a return is yet to be submitted. There are time limits on sending this to use (no less than 2 months prior to the return due date) but they will need to provide a figure for the MV of the asset at a specific date to be reviewed by the Valuation Office Agency (VOA).
Thank you.

Hi Annabelle,
Please refer to this guidance: Reliefs from VAT for disabled and older people (VAT Notice 701/7) or you can contact the designated helpline:
VAT: reliefs for disabled and older people.
Thank you.

Hi William,
You can register as an individual when you apply online select sole trader Register for VAT.
Thank you.

Hi Posterguy Tim,
Please check on your online VAT account that the make has been changed you will be able to see this on your VAT certificate, the name on here should match the VAT checker if there are any problems please contact the helpline 0300 200 3700.
Thank you.

Hi Abc London,
As long as your services fall under the general rule you would not charge VAT and your customer will account for the VAT under the reverse charge. Please refer to section 6 Place of supply of services (VAT Notice 741A)
Thank you.

Hi Thomas,
If you submitted your application online, the department are currently processing online applications received on 17/06/2024, and you can expect a reply by 14/08/2024.
If you posted your application, the department are currently processing postal applications received on 22/04/2024, and you can expect a reply by 09/10/2024.
Please note, these dates are an estimate and may change. If you sent your application before these dates, you may wish to contact the National Insurance helpline to check if your application has been received.
The number to call is 0300 200 3500, or +44 191 203 7010 if you are calling from abroad.
Lines are open from 8am to 6pm, Monday to Friday.
Thank you.

Hi Tim-JS,
It is down to the supplier to charge the correct rate of VAT as long as he is satisfied that you meet the conditions.  
With regard the payment being made partly by voucher the supplier should refer to this guidance VAT guide (VAT Notice 700).
Thank you.