HMRC Admin 17 Response
Joined: 1/20/2021
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RE: VAT & Sale of Goods in USA
Hi.
If the supplies are Outside The Scope of VAT then these would need to still be reported on your
VAT return in box 6 .
Thank you . -
RE: VAT - Reverse charge
Hi.
Can you please confirm what services/goods you are supplying, where your customers are based ,
whether they are private individuals or businesses and also the role of the marketplace in the supply to your customers .
Thank you .
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RE: Marketplace/Platform - Definition of "authorize the charge"
Hi.
If certain criteria are met then the digital platform is responsible for accounting for the VAT when you supply services to individuals .
Can you confirm what services you supply to your customers.
The marketplace would normally decide whether your supply via their platform is one where they are responsible
for the VAT or whether they are reposnsible for the VAT .
Have you had contact from the digital platform to confirm who is responsible?
Thank you .
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RE: Paye says service unavailable
Hi ,
Try speaking to our online Services hlpline on 0300 200 3600 .
Thank you . -
RE: Overseas workers for a Ltd company working offshore
Hi ,
For advice on Visas you will need to speak to the home office.
Provides details of what is required for offshore workers.
Entitlement to holiday pay etc is a contractual matter and can be answered by ACAS.
The following pages may also help https://www.gov.uk/guidance/offshore-workers
NMWM06205 - Specific occupations and special groups :
offshore workers from 1 October 2020 - HMRC internal manual - GOV.UK (www.gov.uk)
PAYE81720 - PAYE operation: international employments: employees in offshore areas - HMRC internal manual - GOV.UK (www.gov.uk) .
Thank you . -
RE: Rental income transfer to my wife
Hi,
Yes you can as you have stated that your husband actually solely owns the property the starting point is that 'whoever
has beneficial ownership of the property has beneficial ownership of the income'.
Please refer to the guidance held at:
TSEM9160 - Ownership and income tax: legal background: ownership - income follows property
The beneficial ownership of the income can be transferred from your husband to you whilst the official legal ownership remains
100%in your husbands’ name.:
www.gov.uk/hmrc-internal-manuals/trusts-settlements-and-estates-manual/tsem9170 >
You would have to make a trust guidance on doing that can be found here:
TSEM9520 - Ownership and income tax: express trusts - written declaration - HMRC internal manual - GOV.UK (www.gov.uk)
You might have to declare the income on a self-assessment return depending on how high it is?
The most recent self-assessment criteria information can be found here:
https: www.gov.uk/check-if-you-need-tax-return .
Most types of trusts giving an interest in property to somebody who is not the legal owner now need to be registered with HMRC via the Trust Registration Service.
You can find guidance on the registration requirements and how to register here :
www.gov.uk/guidance/register-a-trust-as-a-trustee .
There’s also more information about what type of trusts need to be registered at :
www.gov.uk/hmrc-internal-manuals/trust-registration-service-manual/trsm23050 .
There is no need to submit trust documentation to the Trust Registration Service but we advise you to retain this documentation for possible future inspection.
Thank you . -
RE: Form 17 - in force until income change
Hello,
Thank you for your question.
The declaration remains in place until one the following happen:
1. one spouse dies.
2. the couple separate permanently.
3. the couple divorce.
4. the beneficial interest of either spouse in either the property or income changes.
For example, if one partner transfers any part of his/her beneficial interest to the other or a third party.
This would require a further Form 17 to be completed and submitted with a new declaration of trust
as the percentage previously declared would have changed .
Thank you .
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RE: Declaration of trust - splitting rental income
Hi,
Thank you for your question.
Most types of trust giving an interest in property to somebody who is not the legal owner , now need to be registered with HMRC
via the Trust Registration Service.
Information regarding this can be found at www.gov.uk/guidance/register-a-trust-as-a-trustee.
Form 17 is not appropriate .
If you jointly own a property , you are each entitled to the property allowance of £1000 :
www.gov.uk/guidance/tax-free-allowances-on-property-and-trading-income#property .
Guidance on drawing up a deed of trust can be found at
www.gov.uk/hmrc-internal-manuals/trusts-settlements-and-estates-manual/tsem9520 .
Thank you . -
RE: Rental Income from foreign property
Hi ,
Thank you for your question .
The cash basis is the default basis for most property businesses and under this basis , property business receipts and expenses are accounted for when the money is actually paid or received, not on the date it was earned or expenses incurred.
Ref to :
www.gov.uk/hmrc-internal-manuals/property-income-manual/pim1092 .
Details of allowable property business expenses can be found in the property income manual at ref to :
www.gov.uk/hmrc-internal-manuals/property-income-manual/pim1900
and at the help notes of form SA106 .
Thank you . -
RE: Inaccessible overseas bank account
Hi ,
1. if claiming the remittance basis then you dont need to declare them as the income has not been transferred to the UK - https:
www.gov.uk/government/publications/remittance-basis-hs264-self-assessment-helpsheet.
This would then answer point 2 .
Thank you .