Foreign Income

Dear HMRC admin team, I left Hong Kong and arrived UK in July 2021. I had income from Hong Kong from Aug 2021 to Nov 20121 with amount around HK$1500 only. I am filling SA100 and SA106 for my foreign income, however, do I need to fill in SA102? According to the note, received a foreign income from a job should fill in SA102, may I know which box I should fill in ? Box 1 is the total from P45 or P60.

Hi,

Under the tax treaty with Hong Kong, if payment for the employment is for work carried out solely in Hong Kong then it is only taxable there and should not be declared in the UK.

Thank you.

I arrived in the UK from Hong Kong on April 28th 2021, but only at the end of April did I receive my final Salary and Leave Pay for the period of 1st to 30th of April from my Hong Kong employer. Do I need to declare it as income? In whole or pro-rata for the UK tax year?

Hi,
 

As the pay relates to work undertaken wholly in Hong Kong, you do not need to report this income in the UK . Thank you.

Hi HMRC Adm Team, I left Hong Kong and arrived in the UK in late September 2022. I resigned my job in Hong Kong on 22 August 2022 and my Hong Kong company paid me the paid holidays by 5 instalments until February 2023. The amount is over £10000. Under this circumstance, do I need to fill in SA102 or SA106? Do I need to declare it as income? In whole or pro-rata for the UK tax year?

Hi Ed WONG,

Under the Double Taxation Agreement with Hong Kong, as the duties were carried out there, it is only taxable there and doesnt need to be declared in the UK.

Thank you.

Hi HMRC Admin, Thank you for your reply. Does it mean that my pay received after arrival of the UK are not required to declare in the UK? If affirmative, I do need fill in neither SA102 or 106. Is it right?

Hi HMRC Admin, Thank you for your reply. Does it mean that my pay received after arrival of the UK are not required to declare in the UK? If affirmative, I do need fill in neither SA102 or 106. Is it right?

Hi HMRC Admin, As you said the duties which were carried out in HK needed not be declared in the UK, my other foreign income except that is less than £2,000 and I have no UK income here. Am I correct that I need not file self assessment? Thanks!

Hi Jisoo
As you stll have foreign income to declare, a tax return is still required.
Thankyou.

Hi HMRC Admin, Referring to your reply to my question earlier, is it meant that my paid holidays received from October 2022 to February 2023 (around £2000) after I arrived in the UK are not required to declare in the UK? If not, I do need to fill either SA102 or 106, Is it right? Please give me advice. Thank you.

Hi,

As your holiday pay relates to a Hong Kong employment that terminated before you arrived in the UK, you do not have to declare the income to HMRC.

Thank you.

Hi HMRC Admin According to RDR1 9.15. If your unremitted foreign income and gains arising or accruing in the tax year are less than £2,000, you can use the remittance basis without having to complete a Self Assessment tax return. And my Hong Kong employment terminated before I arrived in the UK and so do not have to declare the income to HMRC. Is it I do not need to file self assessment tax return as my unremitted foreign income is less than £2,000? Thanks for your help!

Hi
 Jisoo
You need to meet the conditions at 9.11 and 9.12 in order for 9.15 to apply and not file a return.
Thankyou.

Hi HMRC Admin, I applied a self-assessment and received a letter from HMRC for my UTR number, however, I can not see my UTR number in my government gateway account? how to connect my UTR number in my Gateway account? Thanks

Hi HMRC Admins, I left Hong Kong and arrived UK in Jun 2022. I have 2 transaction for my trade of shares, however, I have no record for the original price of shares due to as far as long time ago, would you please help to advice how to calculate my capital gain/ loss in this case. Thanks

Hi,

You will need to sign in using Government Gateway and select `enrol for service’ at the side of Self Assessment on the "Services You can add" page.

Sign in using Government Gateway

Thank you.

Hi,

If you cannot figure the cost basis, or it costs too much, you can just write cost basis as £0, and claim the whole proceeds as gains. You will pay Capital Gains Tax on the whole amount, but that may end up being cheaper than conducting the investigation to reveal the actual numbers.

Alternatively you could try the following guidance but this may not be available for overseas sources.

Post transaction valuation checks for Capital Gains (CG34)

Thank you.

Hi Ed Wong,


No you do not need to fill in SA102 or SA106 for your income generated in Hong Kong, but paid at a later date in the UK.  
Under the Double Taxation Agreement with Hong Kong, as the duties were carried out there, it is only taxable there and doesn't need to be declared in the UK.

Thank you.

 

Hi HMRC, I received the Self Assessment Tax Calculation for 2020/21 yesterday in which I do not agree on the foreign saving as part of my income received on which tax is due. I do not have that foreign income amount which used for the calculation. I am not sure which that amount came from. It deemed that they also used the same amount of the foreign saving to calculate the payments on account towards my tax bill for 2021/22. What can I do now with the disagreement on the self assessment tax calculation? Apparently, interests and penalty incurred on my latest Self Assessment Statement due to that disagreed foreign saving as income. I could not find anyone to speak with on Self Assessment hotline since it is temporally closed. Please kindly advise what can I do to appeal the tax due. Thank you.