HMRC Admin 19 Response

Hi,
You can use this tool to find out if you need to send a tax return for the 2023 to 2024 tax year (6 April 2023 to 5 April 2024):
Check if you need to send a Self Assessment tax return
Thank you.

Hi,
When considering the value of goods for the purposes of importing these goods in to the UK then it is exclusive of VAT.
The guidance states:
The starting point for determining whether a sale of goods located outside of the UK, made to a UK consumer, is subject to UK supply VAT under this measure is to consider whether the selling price of the goods exceeds £135, exclusive of VAT. For this purpose, the value should be based on the ‘intrinsic value’ of the goods, which equates to the price at which the goods are sold, excluding:

• transport and insurance costs, unless they are included in the price and not separately indicated on the invoice
• any other taxes and charges identifiable by the customs authorities from any relevant documents

It is important to bear in mind that the £135 threshold applies to the value of the consignment, not to each individual item within the consignment.
To determine the correct VAT treatment you will need to know whether the goods are to be packaged and sent singularly to the customer or as part of a consignment with other goods.
If the latter applies then it is the overall value of the consignment that must be considered, and if this is over £135 then normal VAT and customs rules will apply, meaning that import VAT will be chargeable and so supply VAT should not be charged at the point of sale. You can see guidance here:
Changes to VAT treatment of overseas goods sold to customers from 1 January 2021
Thank you.



 

Hi,
If you are the importer of record and the freight agent uses your EORI number on the import declaration then this should produce a digital import certificate which you can use as evidence for input tax. You can see guidance here:
Check how to get your import VAT certificate (C79)
Introduction to input tax
Thank you.

Hi KLJ.
You can see the guidance here:
Reduced rating the renovation or alteration of empty residential premises
Thank you.

Hi,
The distance selling rules and the requirement to register for OSS will only be required if you are selling goods to consumers in the EU from Northern Ireland. You can see the guidance here:
Supplies to customers (including private individuals) who are not registered for VAT
If you are selling goods from the UK to overseas consumers then these will be exports and the way they are treated for VAT purposes will depend on the value of the goods being sent. Please see the guidance below:
VAT on goods exported from the UK (VAT Notice 703)
EU VAT e-commerce package
Thank you.

Hi,
Capital gains will be due if there is any increase in value from the date you inherited to the date sold. You can see guidance here:
Capital Gains Tax: what you pay it on, rates and allowances
Thank you.

Hi,
You can see guidance here:
Tax on your UK income if you live abroad
Thank you

Hi Kenton Sparks,
You can see guidance here:
Tax when you sell property
Thank you.

Hi Martyn,
You can see guidance here:
Rent a room in your home
Rent a room is appropriate in this circumstance. Under this you would not have to complete a return unless you were to go above the threshold of £7,500. How you apportion the running costs is up to you to establish what are your costs for running the rent a room scheme.
Thank you.

Hi,
As the total disposal was over £50000, you need to report this in a tax return. Yyou may be given a penalty as you do have Self Assessment criteria for the year.
Thank you.