PAYE and payroll for employers » Annual PAYE scheme and new accountant » Go to message
Hi,

If the business made a salary transfer from the business account into your personal account in the tax year and this has not been reported, then you would need to submit an Earlier Year Update.

Thanks for your question.
PAYE and payroll for employers » Previous year Employment Allowance ? » Go to message
Hi,

You can claim Employment Allowance for the previous tax year by sending an Employer Payment Summary.

This can be done through most payroll software.

If your payroll software does not have this function, you can use HMRC payroll software called Basic PAYE Tools, which can be downloaded for free from GOV.UK.

Thanks for your question.
VAT » NEW - VAT Reverse Charge on construction services » Go to message
Hi lydia,

Supply and fix works will be subject to the reverse charge.

So if you construct a staircase offsite then install it onsite you are making a reverse charge supply, even if the charge for installation is only a minor element of the overall charge.

Thanks for your question.
Brexit » EORI number for UK exporters » Go to message
[I have posted this question on your behalf as you used your email address as your User Name - Admin]

"I own a convenience store in Oostende - Belgium that sells mainly British food to Belgians. I do a weekly van transport from UK to Belgium via Eurotunnel. Next to my wholesale purchases I buy newspapers from a newsagent, scones from a baker and sausages from a butcher. Accoriding to Belgian customs I will need to ask these parties to apply for an EORI number and make an export declaration for each supplier in the CHIEF system. I would like to check if this information is correct. Need I identify these busnisses when I make the export declaration and need I make an export declaration per supplier?"
Your taxes » CIS deductions » Go to message
Hi,

You can use the ‘Get help’ or ‘Is there anything wrong with this page’ link on the page in the online service you’re using if you:

  • need help using the service

  • have received an error message in an online service

  • are having problems with verifying your identity, your log in details or receiving access codes


  • Alternatively, please contact us to discuss your issue in more detail with an adviser:

    Technical support with HMRC online services

    Thanks for your question.
    VAT » NEW - VAT Reverse Charge on construction services » Go to message
    Hi,

    This is a reply to the question from Anonymous on 19/08/2019 at 11:47:56.

    We have arranged a further two webinars:

  • Mon 2 Sep, 12:00 to 13:00

  • Wed 18 Sep, 14:00 to 15:00


  • You can register here:

    Live webinar - VAT reverse charge for construction services

    Thank you.
    Useful Information » CTSA QIP dates » Go to message
    Hi Andrew,

    Income Tax Payments on Account

    For the year to 31 March 2020 (treated as 2019/20), the non-resident landlord will make a payments on account of Income Tax as follows:

  • 50% due on 31 January 2020

  • 50% due on 31 July 2020

  • Balance of 2019/20 liability on 31 January 2021

  • No payment on account of the tax year ending 5 April 2021 is required unless other UK income is subject to Income Tax


  • Quarterly Instalment Payments Regime (large companies)

    Assuming that a NR company landlord (“NRCL”) has an accounting period ending on 31 March when it is brought into Corporation Tax from 6 April 2020 and its CT profits for the APE 31 March 2021 are £2m. While being notionally within the QIPs regime for this accounting period, the NRCL will not be required to pay its CT liability for the APE 31 March 2021 in quarterly instalments because of the “grace period”.

    It will pay its liability for the APE 31 March 2021 on 1 January 2022.

    It will start to pay quarterly instalments with regard to its CT liability for the APE 31 March 2022 on the dates applicable for a large company.


    Quarterly Instalment Payments Regime (very large companies)

    At paragraph 48 of Schedule 5 to the Finance Act 2019 we have introduced a one-off transitional rule so that a very large NRCL will also not pay its CT liability for its first CT accounting period (i.e. in the example above the APE 31 March 2021).

    It will pay its liability for the APE 31 March 2021 on 1 January 2022.

    It will pay its CT liability for the APE 31 March 2022 in quarterly instalments on the dates applicable for a very large company.

    For both large and very large companies, the first CT accounting period may end at an earlier time before 31 March 2021 if the company’s period of account ends before that date. Quarterly instalments will then be payable at an earlier time.


    Thanks for your patience.
    Useful Information » Tell us what you think of the Forum » Go to message
    Hi karenA,

    Sorry, I could have been clearer there.

    If you would would like to amend your original User Name, please send me a private message with your new proposed User Name and I will amend it for you.

    You can do this by clicking "send message" under my profile, or by clicking on my name then "send a private message"

    You can view your posts through "view profile" either under your profile or by clicking on your name.

    I hope this helps.

    Brexit » CCG Applications » Go to message
    Hi wgndroos,

    For CCG applications it can take up to 120 days to confirm the decision.

    HMRC previously announced it will give importing businesses a period of grace to get a guarantee in place to cover any additional duties that they need to defer.

    HMRC’s current approach is to deliver the no deal customs, VAT and excise arrangements for 31 October that were in place for 12 April. This means that our expectation is that the previously announced easements will be available to traders should the UK leave the EU without a deal in October for at least as long as previously announced.

    After this, a duty deferment account will need to be backed by a guarantee but this will not need to be a CCG. Traders could instead go to their bank to guarantee their duty deferment account without the need for a CCG. HMRC previously announced it will provide 12 months’ notice if the CCG requirement is to be reintroduced.

    Furthermore, for at least 12 months after exit, there will be suspension of the mandatory requirement for businesses to provide a guarantee in order to be authorised to declare goods for:

    • the inward processing procedure
    • outward processing procedure
    • temporary admission procedure
    • authorised use procedure
    • temporary storage; or
    • to operate a customs warehouse

    These easements for duty deferment guarantees do not apply to CTC movement guarantees.

    Please note this information is correct at the time of writing, however the position may change before the UK leaves the EU. You can keep up to date with latest developments on gov.uk and register for email updates here:

    Subscribe to GOV.UK email alerts

    Thanks for your question.
    Brexit » CFSP » Go to message
    Hi wgndroos,

    HMRC has put in place transitional simplified procedures (TSP) to make it easier to import goods from the EU.

    CFSP is another way to access simplified procedures, but HMRC authorisation is required to use it (as opposed to a simple registration process for TSP).

    Therefore many UK businesses trading with the EU, and who would find themselves having to complete customs formalities for the first time in the event of the UK leaving the EU without a deal, may find that registration for TSP is their best option.

    Alternatively, if you’re not authorised to use CFSP but still want to benefit from it, you could ask a customs agent/intermediary (who has HMRC authorisation) to use the procedure on your behalf.

    We have further information here:

    Register for simplified import procedures in a no-deal Brexit

    Using customs procedures in a no-deal Brexit


    Please note this information is correct at the time of writing, however the position may change before the UK leaves the EU. You can keep up to date with latest developments on gov.uk and register for email updates here:

    Subscribe to GOV.UK email alerts

    Thanks for your question.
    Income from Property » Accounting for UK property losses from previous years » Go to message
    Hi,

    When carrying forward a loss you must use it against the next available rental business profits.

    You cannot opt to take a smaller amount.

    If the property business profit is too small to give relief for all the loss of the previous year then any unused relief can be carried forward to the next year indefinitely until relief can be given.

    We have more information here:

    PIM4210
    .
    Thanks for your question.
    Income from Property » declaring utility refund on self assessment » Go to message
    Hi lorrylandlord,

    You would include the rebate amount on the tax return for the tax year the rebate was made.

    You would include the rebate amount in the "Total rents and other income property" box on the tax return.

    Thanks for your question.
    Income from Property » Claimable expenses once stopping letting out a property » Go to message
    Hi Nicola,

    As the expenses were incurred after your rental income ceased in July 2018 you cannot claim a deduction for these expenses because the expenses were not incurred wholly and exclusively for your rental business.

    If any expenses arose whilst your property was still being let you can claim these expenses against any rental income you received in the period April 2018 to July 2018.

    We have more information in our Property Income Manual here:

    PIM2010
    PIM2510

    Thanks for your question.
    VAT » NEW - VAT Reverse Charge on construction services » Go to message
    Hi,

    If you look across all construction contracts with a sub-contractor and can see that the reverse charge applies to more than 5% of contracts (by volume or value) with that sub-contractor, then the reverse charge should be applied to all the contracts.

    Thanks for your question.
    VAT » NEW - VAT Reverse Charge on construction services » Go to message
    Hi macc01,

    You are correct.

    The reverse charge only affects supplies of building and construction services that also need to be reported under CIS.

    Thanks for your question.