Skip to main content

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

  • RE: Declaring Foreign Redundancy pay in Online Self Assessment

    Unfortunately this guide does not give a clear direction on how to declare foreign employment lump sum as result of a redundancy payment. Within the online self assessment there is a section to declare other UK income, including an employment lump sum where you can enter the first £30,000 exemption and any payment above this. There is no such option within the Foreign Income to declare a redundancy lump sum payment. How should one proceed, do you only need to add an additional income source within foreign employment section with the total that is over the £30,000 exemption.
  • Declaring Foreign Redundancy pay in Online Self Assessment

    I am a UK resident living in the UK and have foreign employment travelling daily for work. Each year i complete a HMRC self assessment tax return to declare my foreign income. I now have the option to take voluntary redundancy from my foreign employment with a potential lump sum of £60,000. How do i declare my this redundancy pay in the online self assessment for foreign employment?