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Posted Mon, 03 Jun 2024 11:31:25 GMT by claralauwong88 Lau
Hi Admin, Thank you very much for your help in advance. As I am a UK resident but nor UK domicile, do NOT use remittance basis. Could I confirm the tax arrangement in US treasury bond in my OFFSHORE account please ? a) buy and hold till maturity, the difference between what i paid for the bond and what you redeem it is FOREIGN income tax? should be reported in SA106 or SA101? b) buy and sell before maturity, the difference between what i paid for the bond and what you sell it is capital gain tax in SA108? c) coupon/interest from treasury is treated as income tax in SA106 or SA101? d) when preparing accrual interest income, should I put as a accrual interest gain and loss or should I make it as the net amount of income ? Thanks and regards , 

Name removed admin .
Posted Wed, 05 Jun 2024 14:58:24 GMT by HMRC Admin 20
Hi 
Please refer to guidance at HS265 Offshore funds.
Thank you.

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