I have a question regarding my self-assessment tax filing. I am employed by a US company where I also serve as a director. The company operates exclusively in the USA, and I received remuneration for my work during the last financial year. I am seeking advice on how to correctly include this income in my self-assessment.
Regarding the 'Tailor your return' question:
Question: Were you an employee (or director or office holder) or agency worker in the year to 5 April 2023?
My Answer: Yes (as a UK resident receiving income from foreign employment)
In the 'Income for XXX Inc' section:
Question: Employer's PAYE Reference:
My Answer: None
I am uncertain about the appropriate way to declare the remuneration I received from the US-based company in this section, especially as I don't possess a P45 or P60. It's important to note that there were no US taxes collected, and I did not encounter any double tax issues.
Any guidance on how to accurately report this income in my self-assessment would be greatly appreciated. Thank you