HMRC Admin 18 Response
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RE: Late apply for Split Year Treatment
Hi,
If you submitted your tax return online and now want to amend that return, you would need use a commercial return to submit the residence section to claim split year treatment. You can only do this up to 31 January 2025, after which it will be to late to amend your tax return. After thid date, you would have to submit an overpayment relief claim
(see:Self Assessment Claims Manual).
Thank you.
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RE: CA23510 - meaning of car query
Hi,
You have to read the guidance on the meaning of a car at CA23510 (Capital Allowances Manual) and determine if your vehicle is a car or not. We cannot make this decision for you in this forum.
Thank you. -
Can I Claim Private Residence Relief (PRR) for a Period of Absence?
Hi,
Please have a look at the guidance at: Capital Gains Manual, regarding the right of nomination of your main residence:
(CG64485 - Private residence relief: only or main residence: two or more residences: right of nomination).
Private residence relief can be applied against your main residence. Please have a look at:
HS283 Private Residence Relief (2024) Updated 6 April 2024 .
The 3 year rule would not apply, based on the information provided.
Thank you. -
RE:EIS loss relief
Hi,
EIS loss relief is declared in the unlisted shares and securities section of SA108 (capital gains). Please have a look at the guidance notes for boxes 41 and 43
(Capital Gains Tax summary notes).
If you do not need to complete self assessment tax return, please submit your loss claim in writing to HMRC and provide supporting evidence.
Thank you.
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CGT on overseas property after returning to UK
Hi cpdkalkan1,
If you are resident in the UK when you dispose of the overseas property, you may have a capital gains liability. Have a look at the guidance on private residence relief, which cover the periods where the property is your main residence. As this property is overseas, you would be required to report the disposal on a self assessment tax return, even if there is no UK tax to pay. If you dispose of the property before returning to the UK, there is no UK tax liability or anything to report.
Thank you.
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RE: Zero rate of VAT for solar panel products
Hi,
Yes that is correct you would pay VAT on the materials you purchase and this would be reclaimed on your VAT return submit to the normal input tax rules in notice 700 sections 10-13:
VAT guide (VAT Notice 700)
For information regarding installations of energy saving materials please refer to notice 708/6 here:
Energy-saving materials and heating equipment (VAT Notice 708/6)
Thank you. -
RE: VAT Repayment - Adding bank details - time frame
Hi,
Hello if you have done an update of bank details, the timescale would be 72hrs, but if the system picks up any errors on the data submitted then this will go onto a work list. I don't know the current timescale, if this has gone further than the timescale you can contact the Vat helpline 0300 200 3700 they can progress chase this for you.
Thank you. -
RE: Amend a prepaid vat invoice
Hi,
A credit note would only be required if the charge of the supply goods/services is incorrect ie wrong rate of VAT charged. As this is not the case and nothing stating in our guidance, then amending and re-issuing would be exceptable as long as it is clear on the invoice and in your records:
VAT guide (VAT Notice 700)
Thank you. -
RE: Amazon Commission VAT
Hi,
Hello if the VAT charged is UK then as long as meets the normal input rules then this can be recoverd on your UK Vat return. See link below:
10. Introduction to input tax
Thank you. -
RE: Eligibility for VAT refund claim under the DIY Housebuilders Scheme for new build
Hi,
I would suggest to speak to the DIY helpline on 0300 322 7073 as they will be able to explain why this is not exceptable evidence, unable to help on this forum.
Thank you.