HMRC Admin 13 Response

Hi,

If you purchase energy saving materials then you would be charged 20% VAT on these supplies.
The zero rated relief for energy saving materials is only applicable where the goods are supplied and installed by a builder/contractor.
Energy saving goods supplied on their own are always standard rated.

Please see the guidance below:

Energy-saving materials and heating equipment (VAT Notice 708/6) 

Thank you

Hi,

If the overseas supplier is VAT registered in the UK and is bound to charge VAT on a supply of goods and services in the UK then you can treat the VAT as input tax in the normal way.

Please see the guidance below:

VAT guide (VAT Notice 700)  Section 10

Thank you

Hi,

You would not be able to reclaim VAT on subsistence costs as the services /goods would have been used up before the registration date.

Please see the guidelines below:

VAT guide (VAT Notice 700) Section 11

Thank you

Hi, You would not be able to reclaim VAT on subsistence costs as the services /goods would have been used up before the registration date. Please see the guidelines below: VAT guide (VAT Notice 700) Section 11 Thank you

Hi,

Yes if the marketplace belongs outside of the UK for this supply to you then you should use the reverse charge in the UK to account for the VAT.

Please see the guidance below:

Place of supply of services (VAT Notice 741A) Section 5

Thank you.

Hi.

If the landlord has not Opted To Tax then the landlord will not charge you VAT on the lease and they would be unable to recover VAT as input tax on work carried out to the building.
If you incur VAT then please see the conditions for your business to treat this as input tax:

VAT guide (VAT Notice 700) Section 10

Opting to tax land and buildings (VAT Notice 742A)

Thank you

Hi 

We can't see that there would be any gain for your client paying what is owed into your personal account. 
If anyone had anything to gain it would be you as the director of the company. 
It depends on your bank, some banks terms won't allow the use of personal accounts to trade or do business. 
Realistically, the money should be paid direct into your Limited company business account. 
If your bank accepts the payment into your personal account, you could transfer the monies direct into your business account, providing you keep all records and account for everything correctly, such as the date of when the transactions/transfers took place. 
You may wish to check with your bank first. 
Please refer to guidance at: Invoicing and taking payment from customers: Payment - obligations

Thank you

Hi If the assets were subject to capital allowances, a balancing adjustment should be made to record the market value at disposal. This will give rise to either a balancing allowance or a balancing charge. Corporation tax is payable on any charge. It really depends on the nature of the asset and how it has been treated thus far. Also, the director would need to consider whether to record the receipt in his/her personal tax return. Form DS01 can be submitted after all the company's affairs have been concluded. All creditors have the right to object. If net assets exceed £25000, liquidation will need to be considered if the assets are not to be disposed of by way of a dividend. Thank you

Hi We would need to access your record to look into your enquiry and we can’t do this on this forum. Please call HMRC Employer Helpline on 0300 200 3200. Thank you