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Posted Tue, 24 Oct 2023 15:52:43 GMT by
Hi I am currently filling in my self assessment and unsure if this classes as foreign income. I sell on both Etsy and my own shopify to UK customers and also international customers across the world. Does this class as foreign income? If so what do I need to declare for this?
Posted Thu, 26 Oct 2023 15:17:12 GMT by HMRC Admin 25 Response
Hi ella gilman,
As this is part of your UK trading business, you would include in your profits on SA103.
If you have paid overseas tax on the overseas element, you would also declare the overseas part of your trade on SA106 and claim a Foreign Tax Credit.
Thank you. 

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