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Posted Sun, 23 Apr 2023 10:08:43 GMT by
I'm a non-domicile recent resident (came to UK temporarily on a dependant visa). I work for a foreign company and get paid into a foreign bank account. Am I correct in understanding that I need to pay tax on any money I bring into the UK under the remittance basis? For example, If I bring in £2,000 for rent, and £1,000 for general expenses per month - will I need to pay tax based on a £36,000 (£3,000 x 12) annual 'income'? Thanks!
Posted Thu, 27 Apr 2023 14:57:05 GMT by HMRC Admin 32

That is correct. Further guidance is available at:

Paying tax on the remittance basis (Self Assessment helpsheet HS264)

Thank you.
Posted Fri, 28 Apr 2023 19:22:21 GMT by
Hi HMRC Admin 32, Thank you very much for the confirmation. Just to clarify further, could you confirm if my understanding of the below is correct? Based on the remittance basis: 1. Foreign income that I bring into the UK to pay for miscellaneous expenses (rent, living costs) - DO pay taxes 2. Interest gained on foreign investments (not remitted to the UK) - DO NOT pay taxes 3. Foreign income received from my foreign company that remains in my foreign bank account (not remitted to the UK) - DO NOT pay taxes Thanks!
Posted Fri, 05 May 2023 11:16:08 GMT by HMRC Admin 32

You are correct on all points.

Thank you.

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