keikoo

Thank you for your reply. And can you also confirm that in the example above, the tax rate band is Basic Rate as only the income after being an UK resident is counted (GBP50,000)? Thanks

hi Admin, Thanks for your reply. Having said that, based on the example, I am reporting GBP 50k of my overseas income after being a UK tax resident, and I am still entitle to the 12570 allowance. And the income is between £12,571 and £50,270, so it's Basic rate band. Therefore, £50,000 - £12570 = £37,430 (taxable amount) And my tax due shall be £37,430 x 20% = £ 7,486.00, right? Thank you.

hi HMRC admin, I have a similar question that, if I am qualified for the split year treatment in the current tax year, assuming that my entire income for the tax year before becoming a tax resident is GBP 80k and my income in the UK is GBP 50k after becoming tax resident (i.e. total GBP 130k in the current tax year). I understand that I will only need to report the 50K income to HMRC, correct? And if so, my tax rate band this year should be Basic (20%) for this year, or it should be consider as higher rate band (40%)? thanks