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Posted Fri, 20 Dec 2024 14:56:17 GMT by fung C
1- I move from HK to UK with BNO visa. the day I arrived airbnb is 3rd Oct 2024, and the day I rent a house is 11th Oct 2024. I got a full time job and start it on 7th Oct 2024. The oversea income I got (buy and sale USA bond, USA stock, interest of non UK bank) for the first 183 days from I arrived UK, do I need to report them with self asset and pay tax for it? 2- if I need to report oversea income in question 1, and I apply split year from tax year 2024-2025, the oversea income should start report from when ? the date I start my full time job ? or the day I state in my rent house after 90 days? 3- can I use the 4-year FIG regime for the tax year 2024-2025? if I use it, do I need to still report my oversea income?
Posted Thu, 09 Jan 2025 14:22:54 GMT by HMRC Admin 20 Response
Hi,
If you qualify for split year then you only report any foreign income for the UK part of the year RDRM12000 - Residence: The SRT: Split year treatment.
If you do not qualify then you will need to report all your foreign income to the UK Tax on foreign income
The guidance at RDRM12150 - Residence: The SRT: Split year treatment will help you work out if split year treatment applies.  
Thank you.

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