HMRC Admin 8 Response
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RE:Residential Property Finance Costs
Hi vincentpalmer,
You should include the full amount and the correct relief will be shown in the calculation, once your return is submitted.
Thankyou.
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RE:Form 17 Acknowledgement missing
Hi,
To check if your Form 17 has been received/processed, please contact HMRC on 0300 200 3200.
An advisor will be able to confirm this for you.
Thankyou.
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RE:VAT on Electricity Charges billed From Italy
Hi,
The Place of supply of utlities would be where the utilities are consumed.
Please see the guidance below:
VATPOSG5400 - Gas and electricity: Place of supply
Thankyou. -
RE:VAT Fraud Report
Hi,
Thank you for reporting the fraudulent incident.
The fraud team will be looking into this case and treating it with the seriousness which it deserves.
Thankyou -
RE:Can a UK registered company, based in England, apply for an IOSS from HMRC?
Hi TheMayorOfBV
The VAT Import One Stop Shop (IOSS) scheme has been available for direct registrations in Northern Ireland (NI) from 1 March 2024.
The scheme is optional and available to businesses in NI and countries that the EU has concluded and recognises an agreement with, on the mutual assistance for the recovery of VAT — currently only Norway.
You can choose to use the scheme if you sell goods imported in consignments with a value of £135 or less (known as low value goods) from countries outside the EU and NI, to consumers in the EU, NI or both.
This includes sales of low value goods located in Great Britain (GB) at the point of sale to consumers in the EU.
Sales of low value goods located in GB at the point of sale to consumers in NI should not be reported through the IOSS scheme. Any VAT that is due on such sales must be reported to HMRC through the UK VAT return.
Businesses established outside the EU and NI can register for the IOSS scheme in any EU country. This includes businesses in GB. If you choose to do this, you may be asked to register through an EU-established intermediary.
You can find out more in the section:
Registering for the VAT IOSS Scheme in the EU’ within Check if you can register for the VAT Import One Stop Shop Scheme
Thankyou. -
RE:VAT application- time taken to answer
Hi,
Please contact our Registrations Team by email for an update on your application:
vrs.newregistrations@hmrc.gov.uk
Thankyou. -
RE:Form 17 and declaration of trust
Hi,
It is not necessary to re-sign the Declaration of Trust nor to complete a further Form 17 as the split has not changed.
Thankyou. -
RE:Landlord Mortage tax relief Back claim
Hi,
You can only claim a tax refund up to 4 years after the end of the tax year it relates to, as we are in the 2024 to 2025 tax year the earliest tax year you can make a claim is for 2020 to 2021.
Please see:
Self Assessment tax returnsfor how you should make a claim.
More information about the relief can be found in:
Tax relief for residential landlords: how it's worked out and the UK property notes SA105 for each year: UK property notes (2021) advise which box the relief can be claimed.
Thankyou -
RE:Reporting rental income on Apr 1st to March 31st basis
Hi,
Using those accounting dates will be fine, please see:
Property Income Manual which states ‘Late accounting dates
Section 275B ITTOIA05 applies where:
• A person did not commence a property business during the tax year, or commenced it on or before 1 April;
• Has an accounting date between 31 March and 4 April; and
• Did not cease to carry on the property business during the tax year.
In those circumstances the profit or loss in the period from the day after the accounting date to 5 April is treated as nil in that tax year, and is instead treated as arising in the following tax year.
The ‘accounting date’ means the date to which accounts are drawn up. If there is more than one accounting date in a tax year then the accounting date for the purposes of s275B is the date which occurs latest in the tax year.
Thankyou. -
RE:Inheritance Tax - personal allowance (parents)
Hi,
Please refer to the following guidance:
How Inheritance Tax works: thresholds, rules and allowances
Thankyou.