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Posted Mon, 16 Sep 2024 16:47:07 GMT by Alexandra Hurworth
Hi, I'm based 95% in the US and am non-resident in the UK now. I submit a UK tax return because of UK based property income. I recently changed from being employed in the US to owning my own business as a sole proprietor. The business was incorporated in New York State. Do I need to complete self-employment pages? I'm assuming not but would like to confirm as answering "No" to this question feels a bit weird. Thanks!
Posted Thu, 26 Sep 2024 10:52:05 GMT by HMRC Admin 20 Response
Hi,
No.  
The UK self assessment tax return is for income and capital gains taxable in the UK.  
As your property is in the UK, you complete the return.  
If you have UK bank interest or dividends, then they also are incldued.  
Any income or capital gains arising outside of the UK would not appear in the tax return.
Thank you.

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