Hi Query,
A Self Assessment is required even though the tax due may in fact be ‘nil’ (for example, in any case in which the taxpayer’s total chargeable income for the year is less than the personal allowances due for that year).
Foreign income and capital gains, regardless of the amounts, meet the criteria for completing a Self Assessment tax return.
You can check if you need to send a tax return here:
Check if you need to send a Self Assessment tax return
Thank you.