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Posted Fri, 01 Nov 2024 19:32:56 GMT by E350cloud
I am Italian resident In UK and registered to AIRE. I have an Italian Bank account with some savings on it that are invested in bond or others. Once a year they can produce interests that I get in my Italian bank account and the amount is after tax. I don’t bring those money in Uk. Do I need to declare this interest in UK? Do I need to pay tax on them even if I pay tax already in Italy? If is needed to be declared in UK do I need to say the amount Before or after Tax?
Posted Thu, 07 Nov 2024 11:47:57 GMT by HMRC Admin 34 Response
Hi,
For guidance please refer to the link below:
Tax on foreign income
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Thank you

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