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Where Taxpayers and Advisers Meet

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by spidersong
Wed Feb 28, 2018 3:10 pm
Forum: VAT & Excise Duties
Topic: 2 Limited Companies - Are they separate for VAT
Replies: 1
Views: 737

Re: 2 Limited Companies - Are they separate for VAT

Without more information it's impossible to truly say, but with 2 limited and the separation you already have it should be easy to make sure they don't get counted together. HMRC will only treat two different entities as being a single entity for turnover purposes where there are organisational, fin...
by spidersong
Thu Feb 22, 2018 10:56 am
Forum: VAT & Excise Duties
Topic: Whether to register for VAT FHL
Replies: 3
Views: 1202

Re: Whether to register for VAT FHL

The thing to watch out for when the previous answer says "You will be able to reclaim vat on the build costs later once you are able to register", is how much later? Most of your costs are services either professional services or construction services, and you can only go back six months prior to yo...
by spidersong
Tue Feb 20, 2018 11:20 am
Forum: Property Taxation
Topic: Who needs to pay tax
Replies: 3
Views: 751

Re: Who needs to pay tax

It's probably also worth pointing out that if it's a domestic rental then renting out of living accommodation is exempt from VAT and so wouldn't count towards the VAT registration threshold anyway. If you were renting it out as holiday accommodation then it would though.
by spidersong
Mon Feb 12, 2018 10:36 am
Forum: VAT & Excise Duties
Topic: VAT Threshold on different accounts with a same address
Replies: 5
Views: 897

Re: VAT Threshold on different accounts with a same address

Artificial Separation is where something that is essentially one business splits into separate entities in order to avoid VAT registration i.e. a single ebay business operating through two sole traders. HMRC will treat businesses with substantial financial, organisational, and economic links as one ...
by spidersong
Tue Dec 12, 2017 3:52 pm
Forum: VAT & Excise Duties
Topic: Commercial workshop - exempt supply?
Replies: 2
Views: 697

Re: Commercial workshop - exempt supply?

Obviously with something of this size you're best getting paid for advice from someone who can get the full facts rather than just what can be presented in a forum post. That being said I'd agree with your analysis based on what you've posted. The default is that sale of land and property is an exem...
by spidersong
Mon Dec 04, 2017 12:04 pm
Forum: VAT & Excise Duties
Topic: import Duty and VAT payment for customs clearance
Replies: 8
Views: 1572

Re: import Duty and VAT payment for customs clearance

Hopefully you should be able to. If not, and you have the entry number from the C88 (the import entry form), or a copy of the C88, you may be able to get HMRC to sort it direct. Though I've never needed to do it myself as anyone I've dealt with has done very little by way of import and I've normally...
by spidersong
Mon Dec 04, 2017 9:54 am
Forum: VAT & Excise Duties
Topic: import Duty and VAT payment for customs clearance
Replies: 8
Views: 1572

Re: import Duty and VAT payment for customs clearance

Then the question becomes: 1) Did you buy those goods to use in the course of making your taxable supplies, and 2) Did you give DHL your VAT registration number, and did they declare that on the import entry, so that HMRC will produce a C79 Import VAT certificate which acts as your evidence for recl...
by spidersong
Fri Dec 01, 2017 3:23 pm
Forum: VAT & Excise Duties
Topic: VAT on computer software
Replies: 1
Views: 761

Re: VAT on computer software

If the contract is that you have sold the software to the platform, and then they resell it, or that they are paying you a 'copyright fee' or something similar for each sale, then you are receiving income for a supply you've made in the course of business. That is part of the very definition of a ta...
by spidersong
Tue Nov 28, 2017 10:18 am
Forum: VAT & Excise Duties
Topic: VAT on English tutorial Service
Replies: 8
Views: 11830

Re: VAT on English tutorial Service

I'm afraid that's not enough information, the education exemptions are detailed and specific so you'd need to say: What type of client: sole prop, partnership, ltd How are they doing it: contract to supply staff to the college, or contract to supply education to the pupils, who's responsible for pro...
by spidersong
Tue Nov 28, 2017 10:10 am
Forum: VAT & Excise Duties
Topic: vat on charcoal suppies to restaurant
Replies: 3
Views: 7737

Re: vat on charcoal suppies to restaurant

Meh. I don't really care about the notice's logic as HMRC have lots of poorly written notices, I'll stick with what the courts stick with: the law. VAT Act 1994, Schedule 7A (Reduced Rate supplies), Group 1, Item 1; "Supplies for qualifying use of— (a) coal, coke or other solid substances held out f...

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