HMRC Admin 1 Response

Hi Philip

Please be aware that unincorporated associations are only required to file a Corporation Tax return if they anticipate that their liability will be 100 GBP or more. So, should they find that they require the UK equivalent of a TIN (this is a US term), then an option could be to register for a CT record and then report that they qualify for the filing exemption. 

Thanks

Hi Carrot Cake 
For clarity, you have clearly stated in your post that you are a limited company and that you went through the ‘registration’ process when starting up. This would have included signing up for Corporation Tax as a service on your Business Tax Account, and therefore you would have been issued with a Unique Taxpayer Reference (UTR).
If this is the case and your company has never traded then you should fill out the form on Tell HMRC your company is dormant for Corporation Tax; as taking no action may result in HMRC issuing an Objection to Strike-off.
Thanks
 

Hi ALT 
You are not required to declare the gift from your parents. If the gift generates interest of dividends after you receive it then these will potentially be subject to tax. 
Further guidance can be found here:
Tax on savings interest
Tax on dividends
Thanks

Hi Alice 
Yes, it does still count as a cash gift if the funds are sent via cheque or online transfer like PayPal There is no limit on how large the cash gift can be. 
Thanks