HMRC Admin 21 Response
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RE: Online VAT account
Hi Fay,
We cannot recommend which software but here is the list of approved providers:
Find software that's compatible with Making Tax Digital for VAT.
Thank you. -
RE: Tenants in common: change of percentage and form 17
Hi Pet,
Where two or more individuals jointly own property any profit or loss is normally divided between them according to their share of the property.
Joint owners can agree a different division of profits and losses, so sometimes the share of the profits or losses will be different from their share in the property. The share for tax purposes must be the same as the share actually agreed.
The form 17 is not applicable in your case. You would simply fill in details of the rental income you receive.
If you own a property jointly with others, you are each eligible for the £1000 allowance against your share.
Thank you. -
RE: Company tax Implication for remote worker in India
Hi Chris,
There would not be any tax implications from the companies point of view to them doing this if the employee is taxed as normal.
Thank you. -
RE: Visa Sponsorship
Hi SMH Gardezi,
If the the visa is required for them to work for you then it may fall under relocation expenses and be exempt.
Please see: Expenses and benefits: relocation costs re this.
Please also see: Expenses and benefits: loans provided to employees re loans provided to employees.
Thank you. -
RE: Reporting savings interest
Hi JithinJose2409,
You should receive this calculation in the post.
If you do not receive a calculation, and would like to confirm that you do not owe any end of year tax, for untaxed interest or any other reason, you can do this by logging in to your Personal Tax Account, or by contacting us via: Income Tax: general enquiries.
Thank you. -
RE: CGT on inherited share of main residence
Hi colet1963,
HMRC cannot comment on future events as legislation may change.
Thank you. -
RE: Foreign company - UK domiciled
Hi Socrates,
Yes each party needs to report their own share of income received.
Thank you.