cyrus
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RE: Declaring Foreign Redundancy pay in Online Self Assessment
Hi HMRC, I'd like to confirm if foreign income received from a redundancy payment entitles to the £30,000 tax exemption mentioned in https://www.gov.uk/termination-payments-and-tax-when-you-leave-a-job/what-you-pay-tax-and-national-insurance-on#:~:text=You%20do%20not%20usually%20pay,keep%20after%20your%20employment%20ends I've gone through the "Tax on foreign income", "Foreign Note" and "Other UK Income" and the redundancy payment information can only be entered using the "Additional Information" form (https://assets.publishing.service.gov.uk/media/660152aea6c0f7bb15ef9150/SA101_2024.pdf) with the Box 9 to indicate the £30,000 tax exemption. Does this form apply to reporting foreign redundancy payment as well? Kindly advise. Thanks!!!