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Posted Mon, 30 Dec 2024 14:53:18 GMT by Karl Brierley
Hello HMRC, I have found these forums very helpful! I have been renting out a property I own in Ireland for the last 9 years. Each year I have filed my self assessment return and paid the required tax in the UK (as well as in Ireland). However i have never brought this money to the UK. It sits in my Irish account and I use it for when I visit Ireland and Europe. so the income is rarely used in the UK. there are some times when I mistakenly use the Irish bank card to purchase something in the UK. However for all intents and purposes the income has remained in Ireland. Q1. Did I need to pay UK income tax on this income as it wasn't brought to the UK
Posted Mon, 13 Jan 2025 10:36:17 GMT by HMRC Admin 17 Response

Hi ,
 
If you are UK resident and domciled, you are liable on your  worldwide income even if your choice not to remit it.

As you state tax has been paid in both counties, you would need to consider if you can claim foreign tax credit relief
or reduce your UK liability - see :

 Relief for foreign tax paid (Self Assessment helpsheet HS263)  .

Thank you .

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