HMRC Admin 13 Response
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RE: Export exit confirmed declarations on CDS
Hi,
The guidance states that If you’ve followed the correct processes for CDS exports but still haven’t received a DMSEOG notification,
you should:
• ignore the 45-day notice [DMSGER] and 150-day notice [DMSINV].
• make sure you have the appropriate commercial evidence to verify the departure.
You may need this for VAT zero rating, excise duty drawback or discharging a customs special procedure with duty liabilities impact.
You can find more guidance at Customs Declaration Service.
Other than this you don’t need to take further action nor notify us.
Your HMRC trader reports won’t show declarations that haven’t received departure status. For any help with live CDS declarations you can use the following link:
Report a problem using the Customs Declaration Service
Thank you -
RE: Importing silver bullion bars and silver Britannia coin allowances
Hi,
The guidance on types of cash you must declare states that you must declare:
• notes and coins
• bearer bonds
• travellers’ cheques
• cheques (including travellers’ cheques) that are signed but not made out to a person or organisation
If you are carrying cash in or out of Northern Ireland, you must also declare:
• money orders
• gold coins, bullion or nuggets
• prepaid cards
As already advised in our previous response we would advise contacting the Customs and International trade helpline Imports and exports: general enquiries on
0300 322 9434 for more help.
Thank you -
RE: Moving personal goods from NL to UK but not transferring residence
Hi,
You can bring some goods from abroad without having to pay UK tax or duty, if they’re either for your own use or you want to give them as a gift.
The amount of goods you can bring is commonly known as your ‘personal allowance’. Please see below link for more information:
Bringing goods into the UK for personal use: Overview
Thank you -
RE: Deferred VAT not yet charged
Hi.
You should contact the freight company which cleared the goods for you to see if any errors have been made on the customs declaration.
If you need any further help please contact our Customs and International Trade Team as below:
Imports and exports: general enquiries
Thank you -
RE: Irish VAT Charged by Freight Company to UK Established Business
Hi Swanny27
Unfortunately you are unable to recover the VAT on your UK VAT return as it relates to Irish VAT.
If you are the named importer of the goods in Ireland then you will be making a supply of goods in Ireland and therefore you would be required to register for VAT in Ireland , charge local Irish VAT and recover VAT incurred in Ireland.
If your customer is the named importer of the goods in to Ireland then only this customer would be able to recover the Irish VAT if they are VAT registered in Ireland.
Thank you -
RE: Clarification on directors' loans
Hi
Guidance on when you lend your company money is available at Director's loans: If you lend your company money.
Guidance on loan relationships is available at CFM30000 - Loan relationships: Contents - HMRC internal manual onwards.
Not all pre-incorporation costs can be claimed. For example, you cannot claim the one-off company formation costs associated with incorporating your business as this is regarded as a capital expense. Please refer to guidance at BIM46351 - Specific deductions: pre-trading expenditure: scope - HMRC internal manual
Whilst you aren't legally required to use an accountant, completing accounts for a limited company can become complex. It's one of the considerations you need to make before setting up a limited company.
Corporation Tax is a regime based on self assessment. HMRC doesn’t offer an accountancy service or tax planning advice.
If after referring to all available guidance and relevant legislation, you are unable to complete the company accounts, computation and tax returns, please seek advice from an accountant.
Your question regarding a written agreement is possibly more appropriate to Companies House or even Company Law.
Sorry we cannot be of more help with this.
Thank you