Dale
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RE: Declaring Foreign Redundancy pay in Online Self Assessment
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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?