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Posted Tue, 24 Jan 2023 00:33:18 GMT by Jan Cheung
About Remittance basis: - I'm a resident in UK and domiciled outside the UK. - I'm not employed in UK. Instead I am a sole trader in UK, carry out overseas duties under the foreign timezone for overseas customer only, but work remotely in UK. Refer to the page: Guidance note for residence, domicile and the remittance basis Q1. Am I match the condition of "Trade or profession carried on wholly outside the UK" and liable on remittance? About foreign dividend in the form SA106 "Foreign": - I've foreign dividend which is within the dividend allowance in total. - My foreign dividend income is a stock dividends issued by foreign company. Q2. Do I still need to fill the "Dividends from foreign companies" ?
Posted Tue, 24 Jan 2023 22:25:41 GMT by Jan Cheung
(Resubmit the question for better format) About Remittance basis: - I'm a resident in UK and domiciled outside the UK. - I'm not employed in UK. Instead I am a sole trader in UK, carry out overseas duties under the foreign timezone for overseas customer only, but work remotely in UK. Refer to the page: Guidance note for residence, domicile and the remittance basis: RDR1 https://www.gov.uk/government/publications/residence-domicile-and-remittance-basis-rules-uk-tax-liability/guidance-note-for-residence-domicile-and-the-remittance-basis-rdr1#types-of-income Q1. Am I match the condition of "Trade or profession carried on wholly outside the UK" and liable on remittance? About foreign dividend in the form SA106 "Foreign": - I've foreign dividend which is within the dividend allowance in total. - My foreign dividend income is a stock dividends issued by foreign company. Q2. Do I still need to fill the "Dividends from foreign companies" ?
Posted Thu, 26 Jan 2023 12:12:11 GMT by HMRC Admin 32
Hi,

Please see further guidance here:

Paying tax on the remittance basis (Self Assessment helpsheet HS264)

Thank you.

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