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Posted Mon, 12 Sep 2022 20:13:37 GMT by smilybar
Husband (Me) May 2021 - end of Hong Kong’s Job Jul 2021 - arrived UK Sep 2021 to Apr 2022 - UK’s Job In the period between Apr 2021 to Apr 2022, some income come from Bank Interests and Investment Earnings. (Total amount less than £1000) Do I need to register Self Assessment? If so, which one should I apply? Wife May 2021 - end of Hong Kong’s Job Jul 2021 - arrived UK Dec 2021 - start operating Youtube Channel but the first payment of income is transferred in May 2022 (no income earned from the Channel between Apr 2021 to Apr 2022) Mar 2022 - Sold the property in Hong Kong but your colleague has replied: You are due the full period of private residence relief so there will be no gain to report to the UK. In the period between Apr 2021 to Apr 2022, some income come from Bank Interests and Investment Earnings. (Total amount less than £1000) Does wife need to register Self Assessment? If so, which one should she apply? - she want to prove the status of self-employed, is it possible? Does my wife need to pay National Insurance and how to register? Thank you so much and look forward to hearing from you soon.
Posted Wed, 14 Sep 2022 09:52:35 GMT by HMRC Admin 19
Hi,

If you qualify for split year then you only report any foreign income for the UK part of the year. You can see guidance here:

RDRM12000 - Residence: The SRT: Split year treatment: Contents

If you do not qualify then you will need to report all your foreign income to the UK. You can see further information here:

Tax on foreign income

The following guidance will help you work out if split year treatment applies:

RDRM12150 - Residence: The SRT: Split year treatment: Case 4: Starting to have a home in the UK only

With regards to your wife, you can see information here:

Set up as a sole trader

Thank you.
Posted Wed, 14 Sep 2022 10:35:15 GMT by smilybar
Thank you very much for quick reply. For my wife, may I know setting up business tax account and sole trader are the same or they are different things that I have to apply seperate? Should my wife also apply personal tax account? or they will be all together? Thanks a lot
Posted Wed, 14 Sep 2022 20:23:18 GMT by smilybar
After checking with the online adviser, they answered that our situation are not required to register Self-Assessment (because I am working in PAYE job and my wife's income is less than GBP1000) so that we only have to report investment income via webchat / phone. In this situation, do we need to apply Split year treatment as there are some income before arrival in UK? Thanks a lot
Posted Fri, 16 Sep 2022 11:02:13 GMT by HMRC Admin 20
Hi smilybar,

They are the same. She should be able to link them together.

Thank you.

 
Posted Fri, 16 Sep 2022 12:41:08 GMT by HMRC Admin 20
Hi smilybar,

If you qualify for split year then you only report any foreign income for the UK part of the year
Residence, Domicile and Remittance Basis Manual
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  will help you work out if split year treatment applies. 

Thank you.

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