Skip to main content

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

Posted Fri, 06 Oct 2023 21:21:00 GMT by Donald Yiu
Hello, I am going to apply split year for 22-23 tax year, the starting date of this tax year would be 1 Oct 2022. Would the amount of annual limit be the same as stated in the tax return guideline, that is £2000 for untaxed foreign interest and £2000 for foreign dividends . e.g. If my untaxed foreign interest during Oct 2022 - 5 April 2023 is £1998, should I fill in the interest amount in SA 100 Box 3 or in SA106 "Foreign"? Thanks.
Posted Fri, 13 Oct 2023 14:21:20 GMT by HMRC Admin 20
Hi Donald Yiu,

If you qualify for split year then you only report any foreign income for the UK part of the yearRDRM12000 - Residence: The SRT: Split year treatment: Contents.
If you do not qualify then you will need to report all your foreign income to the UK Tax on foreign income.
The guidance at RDRM12150  will help you work out if split year treatment applies. 

Thank you.

You must be signed in to post in this forum.