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Posted Sat, 20 Aug 2022 15:30:59 GMT by Joyyl L
Hello, I am going to relocate in the UK from Hong Kong in Aug on BNO visa, and I have a few questions to ask: 1. I have been working at Hong Kong till Jun 2022, do I need to register for self-assessment and file my self-assessment as an overseas income? 2. If I assume my overseas and local saving interests from the banks will be lower than GBP 10, do I still need to file it as a self-assessment or via PAYE? Thanks!
Posted Tue, 23 Aug 2022 09:45:43 GMT by HMRC Admin 17

Hi,
 
On the basis of the information you have provided, your circumstances may meet the criteria for Split Year Treatment.(SRT).

Please refer to the following guidance:   

Residence, Domicile and Remittance Basis Manual   and    :                                               

Residence, remittance basis etc notes .

Thank you.
Posted Tue, 23 Aug 2022 14:23:21 GMT by Joyyl L
Thanks for your reply, and I would like to ask some follow-up questions. To be more specific, I will move to the UK on Aug 2022 and my job at Hong Kong has terminated on Jun 2022. During Jul 2022 and Aug 2022, I have received no income. In accordance to your reply, I should register for self-assessment in the 2021 to 2022 after my arrival? So my spilt year treatment will be met on the year of 2021-2022 or 2022 to 2023? Thanks !
Posted Wed, 24 Aug 2022 14:55:06 GMT by HMRC Admin 10
Hi
Your split year will be 2022-23 if you only arrive in August 2022.
Thankyou.
Regards.
Posted Fri, 09 Sep 2022 15:40:12 GMT by Joyyl L
Thanks for your reply. I would like to confirm that I will need to do a self-assessment on next year (2022-2023) instead? Even I have a very few interests (Less than gbp 10) earned from the bank throughout this year. Thanks in advance.
Posted Tue, 13 Sep 2022 11:34:10 GMT by HMRC Admin 17

Hi,
 
Given that you are in receipt of foreign income (ie bank interest), please note that you are required to complete a Self Assessment tax return      
 (2021-2022) .

Thank you.                                                

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