HMRC Admin 13 Response
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RE: Foreign employment SA102 & SA100
Hi,
Please have a look at the guidance at Claiming tax relief on your contributions to overseas pension schemes, which will help you determine if you are entitled to tax relief on the pension payments.
Thank you -
RE: Remittance basis and arising basis
Hi Sheprahar,
We cannot comment on scenarios, we can only provide general information / guidance in this forum. Please have a look at section 9 of RDR1: Residence, domicile and the remittance basis: RDR1
This guidance will explain how to calculate the tax liability using the remittance basis, so that you can compare the result to the arising basis and determine which is better for you.
Thank you -
RE: Bed and ISA rules
Hi
We cannot comment on scenarios, we can only provide general information / guidance in this forum.
For an answer to a detailed question of this nature, you would need to contact our self assessment helpline on 0300 200 3310 or seek professional advice.
Thank you -
RE: Self-employment
Hi,
No.
If your turnover from self employment exceeds £1000, then you are required to register as self employed.
You will need to keep business accounts, so that you can claim 100% capital allowance, where appropriate.
You can register as a sole trader at:
Become a sole trader: Register as a sole trader
There is guidance at:
Claim capital allowances: Overview on claiming capital. allowances and
bookkeeping requirements at:
Business records if you're self-employed: Overview
From 6 April 2024, the 'cash basis' becomes the default method of keeping your business accounts. You can opt to use the 'traditional method' instead.
Have a look at the guidance at :
Cash basis: Overview
Thank you -
RE: P85 if non-resident landlord subject to self assessment
Hi,
If you are already approved as a Non Resident Landlord, then you are already set up for self assessment for the tax year 2024 to 2025 and a notice to file a tax return will be issued to you after 5 April 2025.
As you are a Non UK tax resident, you will need to complete a paper tax return, as the whole tax return including supplementary pages must be submitted in the same format at the same time. The paper tax return will be made available after 5 April 2025 at Self Assessment tax return forms.
You cannot use the online HMRC version, as it does not include the sections for residence.
If you have a government gateway user ID and password, you can buy a commercial tax return from the list of approved providers at Commercial software suppliers for Self Assessment and use it to submit the commercial online tax return.
This option comes at a cost.
Thank you -
RE: Vat
Hi
If you are a VAT registered business and are making a taxable supply then yes you would need to charge VAT to the customer irrespective of whether they are VAT registered or not.
Renting out a van would be a taxable supply in the UK. Please refer to notice 700 sections 3 and 4 for guidance on when VAT is charged: VAT guide (VAT Notice 700).
Thank you -
RE: Imported Goods from Germany - VAT Paid now need to return for repair
Hi Peter
Please contact the imports and exports team using the contact details here: Imports and exports: general enquiries and they should be able to advise you on the relevant import procedures.
Thank you -
RE: US sales - flat rate VAT scheme
Hi
Please refer to Notice 733 section 6 for guidance on what to include in your flat rate turnover: Flat Rate Scheme for small businesses (VAT Notice 733)
If you are making a zero-rated supply of goods this would be included in the flat rate turnover
If you are supplying a service where the place of supply is not the UK and as such outside the scope of UK VAT this would not be included. Guidance on place of supply can be read in notice: Place of supply of services (VAT Notice 741A)
Thank you -
RE: VAT - Intermediary Services - Insurance
Hi
Hi. The guidance states that the intermediary can receive remuneration in form of commissions and also fees from client.
Where Remuneration for intermediary services brings together parties to an exempt insurance contract this may be treated as VAT exempt.
If the fees or commission are for advice only services these are always taxable.
If you believe there is uncertainty in how your situation applies to the published guidance, please review the guidance on applying for a clearance Find out about the Non-Statutory Clearance Service.
Thank you