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Posted Thu, 22 Aug 2024 07:54:38 GMT by missyapple
Hi, I am a non-UK tax resident with UK passport residing in Hong Kong. Currently, I am receiving rental income from properties in the UK, bank interests from a UK bank account (where I put my rentals) and bank interests from a bank account at Isle of Man (where I put my income from Hong Kong). Apart from the above, there are no other UK-sourced income. I understand that the rentals from UK properties are subject to UK income tax with personal allowance. However, I learn from the Guidance "HS300 Non-residents and investment income (2024)" that bank interests are "disregarded income". Does it mean that i can exclude bank interests from both UK bank account and Isle of Man bank account from my tax return? Thanks.
Posted Thu, 05 Sep 2024 08:36:36 GMT by HMRC Admin 20 Response
Hi,
You are not entitled to personal allowances as you are a resident of Hong Kong, you will therefore need to declare all your UK income on the tax return.
Thank you.
Posted Thu, 05 Sep 2024 09:50:40 GMT by Clive Smaldon
Not HMRC...HMRC Incorrect, all British Citizens can claim personal allowance per https://www.gov.uk/tax-uk-income-live-abroad/personal-allowance
Posted Fri, 27 Sep 2024 13:21:52 GMT by missyapple
Hi HMRC Admin, could you confirm if British Citizen is entitled to personal allowance? I checked with a tax advisor who told me I am entitled to that and referred me to https://www.gov.uk/tax-uk-income-live-abroad/personal-allowance. Thanks
Posted Thu, 03 Oct 2024 12:14:33 GMT by HMRC Admin 33
Hi,
Yes, you are entitled to personal allowance even if you live abroad. Please refer to the link quoted in your post.
Thanks.

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