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Posted Wed, 01 May 2024 13:45:20 GMT by moutax
I live and work in UK since last year and I am an UK resident, last year i have sent my salary income from UK to India NRE and NRO acount. Now, i want to bring those money back to UK, do i need to pay any tax on it in UK?
Posted Fri, 03 May 2024 15:19:36 GMT by HMRC Admin 25 Response
Hi moutax,
Unless there is evidence to the contrary, HMRC takes the view that performance bonuses are “for” the performance period.
This may be a calendar year or the company accounting period.
As this bonus falls in the period that you were not resident in the UK, it is not taxable in the UK and does not need to be declared.
Thank you. 

 

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