Hi Paul, thanks for your advice. Having read the UK/Australia DTC I can see no reference on how to account for the difference between UK/Australia tax year dates with respect to claiming DTR. However I've since managed to find some relevant information on HMRC's International Manual. If you're able to point me in the direction of it on the UK/Australia agreement I'd be very grateful - every day's a school day! Thanks
Hi Paul, thanks for your advice. Having read the UK/Australia DTC I can see no reference on how to account for the difference between UK/Australia tax year dates with respect to claiming DTR. However I've since managed to find some relevant information on HMRC's International Manual. If you're able to point me in the direction of it on the UK/Australia agreement I'd be very grateful - every day's a school day! Thanks
Hi Paul, thanks for your advice. Having read the UK/Australia DTC I can see no reference on how to account for the difference between UK/Australia tax year dates with respect to claiming DTR. However I've since managed to find some relevant information on HMRC's International Manual. If you're able to point me in the direction of it on the UK/Australia agreement I'd be very grateful - every day's a school day! Thanks
It unfortunately doesn't meet rules under Article 14 or 7 so looking to utilise credit relief in UK. I have, since posting, found guidance on HMRCs International Manual which appears to answer my questions (for now at least). Thanks for the pointers though, much appreciated!
Thank you, I was unsure for the same reason - I like to have things confirmed in b&w but it didn't read clearly.
Exactly! and it's so important when it comes to tax and ni!
Use the form CF411A to apply for National Insurance credits if you are a parent
caring for a child under 12 for periods from 6 April 2010.
You may be entitled to these credits if:
• you’re an approved foster parent or foster/kinship carer (Scotland)
• you’re the spouse, partner or civil partner of the current person registered for
Child Benefit for the child being cared for, and you want to transfer entitlement
to the credits to yourself
• you’re (or were) registered for Child Benefit for the child being cared for in the
past, but the automatic credits are missing from your National Insurance account
Also worth mentioning that the alot of clients agreements with Agencies refer to the main carer as 'main foster carer' and the partner as 'secondary carer'.
Perhaps the agencies are being careless with the wording but maybe they aren't - is there any relevance to the omission of the word 'foster' in 'secondary carer'.
Absolutely overthinking no doubt!
Yeah, I appreciate the majority don't pay tax so there isn't any tax being 'avoided' by doing it as a sole trader rather than a couple - but just want to make sure I am doing correctly. If I only register a couple as a sole trader when there's no tax to pay, but then perhaps register a couple (where both have no other income) to use two personal allowances to avoid tax then I'd be concerned that could be viewed as tax planning with a view to tax avoidance. I'd feel much more comfortable having a blanket treatment of couples - but I don't feel HMRCs guidance really is clear enough as to what it is.
My answers
Hi Paul, thanks for your advice. Having read the UK/Australia DTC I can see no reference on how to account for the difference between UK/Australia tax year dates with respect to claiming DTR. However I've since managed to find some relevant information on HMRC's International Manual. If you're able to point me in the direction of it on the UK/Australia agreement I'd be very grateful - every day's a school day! Thanks
Hi Paul, thanks for your advice. Having read the UK/Australia DTC I can see no reference on how to account for the difference between UK/Australia tax year dates with respect to claiming DTR. However I've since managed to find some relevant information on HMRC's International Manual. If you're able to point me in the direction of it on the UK/Australia agreement I'd be very grateful - every day's a school day! Thanks
Hi Paul, thanks for your advice. Having read the UK/Australia DTC I can see no reference on how to account for the difference between UK/Australia tax year dates with respect to claiming DTR. However I've since managed to find some relevant information on HMRC's International Manual. If you're able to point me in the direction of it on the UK/Australia agreement I'd be very grateful - every day's a school day! Thanks
It unfortunately doesn't meet rules under Article 14 or 7 so looking to utilise credit relief in UK. I have, since posting, found guidance on HMRCs International Manual which appears to answer my questions (for now at least). Thanks for the pointers though, much appreciated!
Thank you, I was unsure for the same reason - I like to have things confirmed in b&w but it didn't read clearly.
Exactly! and it's so important when it comes to tax and ni!
No, it was more to do with applying for the Class 3 NIC Credits for foster carers that chose not to pay voluntary Class 2.
Was just trying to clarify the wording of the CF411A Application form - see below
https://www.gov.uk/government/publications/national-insurance-credits-fo...
When to use form CF411A
Use the form CF411A to apply for National Insurance credits if you are a parent
caring for a child under 12 for periods from 6 April 2010.
You may be entitled to these credits if:
• you’re an approved foster parent or foster/kinship carer (Scotland)
• you’re the spouse, partner or civil partner of the current person registered for
Child Benefit for the child being cared for, and you want to transfer entitlement
to the credits to yourself
• you’re (or were) registered for Child Benefit for the child being cared for in the
past, but the automatic credits are missing from your National Insurance account
Also worth mentioning that the alot of clients agreements with Agencies refer to the main carer as 'main foster carer' and the partner as 'secondary carer'.
Perhaps the agencies are being careless with the wording but maybe they aren't - is there any relevance to the omission of the word 'foster' in 'secondary carer'.
Absolutely overthinking no doubt!
Yeah, I appreciate the majority don't pay tax so there isn't any tax being 'avoided' by doing it as a sole trader rather than a couple - but just want to make sure I am doing correctly. If I only register a couple as a sole trader when there's no tax to pay, but then perhaps register a couple (where both have no other income) to use two personal allowances to avoid tax then I'd be concerned that could be viewed as tax planning with a view to tax avoidance. I'd feel much more comfortable having a blanket treatment of couples - but I don't feel HMRCs guidance really is clear enough as to what it is.
Thanks, do you do this along with the partnership return?
Thanks everyone for your advice! Had notification on Sunday that client registered and UTR would be received in 10 days! Very quick :)