The following Value Added Tax guidance note Produced by Tolley provides comprehensive and up to date tax information covering:
This guidance note provides details on how to complete the boxes on the Intrastat return. This note should be read in conjunction with the Intrastats ― overview (rules until 31 December 2020) guidance note which provides an overview of the requirements. Please note that information has been included on the Intrastat treatment of the most common transactions. More information can be found on the UK Trade Info website.
Please see Information sheets for copies of the Intrastat information sheets issued by HMRC.
The information below should be included when filling in an Intrastat return.
Depending on the electronic option used by the business to input its declaration, it may be required to provide some additional information (‘Header Information’) each time it makes the submission, eg VAT number or branch ID. Businesses using the online form will already have the Header Information provided. However, if the business submits via CSV file then it will need to input the Header.
Please note that a separate SD needs to be submitted for Arrivals and Dispatches.
Businesses will need to complete a separate Arrivals and Dispatches Intrastat (where required). Businesses may need to provide Header Information depending on the option used to input the Intrastat data.
**Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason.
Access this article and thousands of others like it free for 7 days with a trial of TolleyGuidance.
Read full article
Already a subscriber? Login
IntroductionUK tax must be withheld on UK payments including:•interest•royalties•rental incomeWithholding tax may be reduced under double tax treaties (DTT) or European directives, both of which may be subject to making a formal claim.This guidance note outlines the rules for UK withholding tax, and
The basic rule is that all benefits provided to an employee by reason of their employment are taxable unless there is a specific exemption or other rule that means they are not chargeable to tax.ExemptionsThe main exemptions for employee benefits are in ITEPA 2003, ss 227–326B (Pt 4).Below is an
Many people work from home either on an informal or a full-time basis. These people can be employed or self-employed, and their employment status affects the expenses they can claim as a deduction from their earnings.When dealing with someone working from home, it is important to remind him that
Class 1 and Class 1AClass 1 and Class 1A are the categories of NIC that can be charged on expenses reimbursed and benefits provided to employees. These classes are mutually exclusive. A benefit cannot be subject to both Class 1 and Class 1A NIC. Three requirements must be met before Class 1A NIC is
To view our latest tax guidance content, sign in to Tolley Guidance or register for a free trial.