I coincidentally have a Degiro account myself, and their UK reporting has definitely improved over the years, and is now pretty useful, differentiating by country (for foreign dividends)and splitting out disposals/gains in a nice format.
From a PC/desktop login, ask your client to navigate to the "Inbox" menu option (on the left menubar) and then go to Documents and look for "Annual Report 2022" for 2022/23. I've just logged into my account and this isn't yet showing but in previous years it normally pops up around now.
I've had a lot of different issues with the VAT authorisation process and I've spoken to the helpline a few times in the recent past. I finally got through to one individual who was a little more helpful than most, who acknowledged there are known issues around this. So a couple of things to try (the second one worked for a few clients for me):
1. Where it asks for the last quarter filed, try putting the first month of the quarter rather than the actual quarter end (eg. for a March quarter, put January in the dropdown instead of March).
2. Where it asks for the Box 5 figure for the last filing, keep going back for each preceding quarter, so if for example you filed for Sept 2022 and that doesn't work, select June 2022 as your last filing and try the box 5 figure for June 2022, and if that doesn't work try March 2022 etc.
Good luck, it's incredibly frustrating trying to make sense of the mess that MTD has created.
From a quick look at what's been released so far, there's no mention of any movement on the secondary threshold, so no real impact in salary planning for a typical sole director setup.
[Also, no reference to the class 4 threshold being raised that I can see]
- edited, just seen the link posted above.
As usual, the devil will be in the detail. I'd be surprised if the employer threshold is also uplifted by the same amount so it's back to the drawing board to work out the optimal salary/dividend mix for the year ahead.
I had something similar a few months ago for an 19/20 return where it was filed in good time for the deadline with a subsequent penalty notice being raised. In my case, it was because the original requirement to file had been withdrawn (there's still no reason or explantion why this was done) and the system then de-logged the return I filed, before reverting back to a return being required.
The agent helpline was fairly useless as they just go by the dates you see onscreen, so it was eventually resolved by going to the Online Services helpline who could see the original filing and de-logging. In my case, they requested a manual capture of the original return which then cancelled the penalty, but it took a lot of calls and chasing to eventually get back to where it had originally been!
The HMRC 0800 number for Time To Pay (COVID support) seem to be taking a very soft approach to requests. One client with a 31 March 2019 CT liability of £17K said she didn't have to give any reasons or even discuss a payment plan. The operative she spoke to said HMRC weren't referring unpaid amounts to debt collection at the moment and that HMRC would be in touch to set out terms for repayment once things were more certain. I don't know if she got lucky, or if it is new policy.
If the pourchases are made under an Amazon business account, you can download a monthly csv file with all the transaction details, including VAT status/number for each of the sellers. I don't know if this would strictly be accepted by HMRC without a supporting VAT invoice but it's a good starting point.
It's definitely not a "lump sum" payment. I've dealt with those before so I know the approach re: marginal tax treatment.
From the DWP letter the two payments are a catch up in respect of the weekly entitlement for 2017/18, made in arrears. I've called HMRC and they have no information on the system so, failing everything else, I will include them as state pension for 2017/18 on the basis of EIM74103.
Who would have thought pensions could be so exciting.
My answers
I coincidentally have a Degiro account myself, and their UK reporting has definitely improved over the years, and is now pretty useful, differentiating by country (for foreign dividends)and splitting out disposals/gains in a nice format.
From a PC/desktop login, ask your client to navigate to the "Inbox" menu option (on the left menubar) and then go to Documents and look for "Annual Report 2022" for 2022/23. I've just logged into my account and this isn't yet showing but in previous years it normally pops up around now.
I've had a lot of different issues with the VAT authorisation process and I've spoken to the helpline a few times in the recent past. I finally got through to one individual who was a little more helpful than most, who acknowledged there are known issues around this. So a couple of things to try (the second one worked for a few clients for me):
1. Where it asks for the last quarter filed, try putting the first month of the quarter rather than the actual quarter end (eg. for a March quarter, put January in the dropdown instead of March).
2. Where it asks for the Box 5 figure for the last filing, keep going back for each preceding quarter, so if for example you filed for Sept 2022 and that doesn't work, select June 2022 as your last filing and try the box 5 figure for June 2022, and if that doesn't work try March 2022 etc.
Good luck, it's incredibly frustrating trying to make sense of the mess that MTD has created.
From a quick look at what's been released so far, there's no mention of any movement on the secondary threshold, so no real impact in salary planning for a typical sole director setup.
[Also, no reference to the class 4 threshold being raised that I can see]
- edited, just seen the link posted above.
As usual, the devil will be in the detail. I'd be surprised if the employer threshold is also uplifted by the same amount so it's back to the drawing board to work out the optimal salary/dividend mix for the year ahead.
I had something similar a few months ago for an 19/20 return where it was filed in good time for the deadline with a subsequent penalty notice being raised. In my case, it was because the original requirement to file had been withdrawn (there's still no reason or explantion why this was done) and the system then de-logged the return I filed, before reverting back to a return being required.
The agent helpline was fairly useless as they just go by the dates you see onscreen, so it was eventually resolved by going to the Online Services helpline who could see the original filing and de-logging. In my case, they requested a manual capture of the original return which then cancelled the penalty, but it took a lot of calls and chasing to eventually get back to where it had originally been!
Good luck traversing the seven circles of HMRC
Possibly 11679134 from a name search.
The balance sheet doesn't seem to say "buy me".
You might this thread useful by someone in a remarkably similar situation:
https://www.accountingweb.co.uk/any-answers/hmrc-self-assesment-repaymen...
The HMRC 0800 number for Time To Pay (COVID support) seem to be taking a very soft approach to requests. One client with a 31 March 2019 CT liability of £17K said she didn't have to give any reasons or even discuss a payment plan. The operative she spoke to said HMRC weren't referring unpaid amounts to debt collection at the moment and that HMRC would be in touch to set out terms for repayment once things were more certain. I don't know if she got lucky, or if it is new policy.
If the pourchases are made under an Amazon business account, you can download a monthly csv file with all the transaction details, including VAT status/number for each of the sellers. I don't know if this would strictly be accepted by HMRC without a supporting VAT invoice but it's a good starting point.
It's definitely not a "lump sum" payment. I've dealt with those before so I know the approach re: marginal tax treatment.
From the DWP letter the two payments are a catch up in respect of the weekly entitlement for 2017/18, made in arrears. I've called HMRC and they have no information on the system so, failing everything else, I will include them as state pension for 2017/18 on the basis of EIM74103.
Who would have thought pensions could be so exciting.