Skip to main content

beta This is a new service – your feedback will help us to improve it.

Foreign income tax treshold

Answer
lion qui
Posted Mon, 30 Sep 2024 19:05:52 GMT by lion qui
For a non-domiciled UK resident,does the UK tax on foreign income only apply to the portion of income over 2,000 GBP? For example if the foreign income is 3,000 GBP is only the portion above 2,000 GBP which is 1,000 GBP taxable?
HMRC Admin 17 Response
Posted Wed, 09 Oct 2024 08:02:48 GMT by HMRC Admin 17 Response

Hi ,
 
It is anything that is remitted.

The £2k limit applies in respect of the remittance basis charge .

Thank you .

You must be signed in to post in this forum.