Self-assessment needed if foreign income transferred to UK

Dear HMRC, I am a UK resident. I would like to transfer my savings from abroad to the UK. This includes small income from interest (approx 300 pounds when converted) and dividends (approx 266 pounds when converted). Is this covered by the personal allowance? Or do I need to submit a self-assessment for this? Thank you.

Hi mountainsandhills,

The interest should already have been declared as foreign income and would form part of the personal savings allowance to be added to any UK interest received.

Thank you.

Hello, Thanks for your reply. Combining the one-off foreign income (which I have transferred to the UK) and any UK interest I am still below my personal savings allowance. I understand I do not need to submit a self-assessment for this? Thanks.

Hi,

On the basis of the information provided, you would not have to submit a Self Assessment tax return. You can see guidance here:                                                 

Check if you need to send a Self Assessment tax return

Thank you.