HMRC Admin 13 Response
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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
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RE: Clarification Regarding Tax Obligations for Dissolved Company
Hi
Companies House notifies HMRC when a company is dissolved.
Further guidance on dissolving a company can be found at:
Strike off, dissolution and restoration
Thank you -
RE: Obligations established company
Hi
The statutory obligations of UK companies are covered by the Companies Act 2006.
This includes the duties of a director which are integral to the running a company.
For specific guidance on running a limited company please visit:Running a limited company: your responsibilities: Directors’ responsibilities
Thank you
Running a limited company: your responsibilities: Confirmation statement -
RE: Landlord Income Query
Hi
Thank you for your question.
Can you please clarify your meaning behind "I'm a private landlord not a holiday let landlord so is it right that my rental income is not allowed?" with regards to working our tax due on a rental property.
Please see attached link: Work out your rental income when you let property
Thank you