Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Tue, 23 Apr 2024 20:27:51 GMT by Long Ting Chan
To HMRC admin I came to uk with bno visa from hong kong, I haven't been working for couple years and I am currently unemployed, I have gain approximately £90 saving interst a whole year from my hong kong bank account and that's the only foreign income i have, do I need to do the self assessment tax return? I have already done the self assessment tax return check on the government website and the results said that I don't need to, but I have been told that as long as I have foreign income I have to do one Best regards
Posted Tue, 30 Apr 2024 14:17:05 GMT by HMRC Admin 5 Response
Hi 

How can the original investment amount be brought into the UK?  It is invested.  It is only when the investment is disposed of that a gain may arise.  
If you are UK resident when this happens, it may result in a capital gain, which may be taxable.

Thank you

You must be signed in to post in this forum.