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Foreign income



Answer
ACDyke
Posted about a year ago by ACDyke
Hi, In August 2022 I left my UK employer and I am no longer working. However, in April of 2023 the parent company (non UK company) of my UK employer made a direct bonus payment to me without any deductions. How should I declare this income on my self assessment and is it subject to both tax and national insurance? Thanks
HMRC Admin 5 Response
Posted about a year ago by HMRC Admin 5 Response
Hi 

You would declare this as an employment (PAYE) source.

Thank you

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