WY2015
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Saving interest, split year treatment & cancel self assessment
Hi Admin I was aboard UK in 10/2023 from Hong Kong through BNO Visa. I checked I am a UK resident by residence status tests, but am unemployed & have no incomes in UK. I have registered self-assessment to HMRC for my incomes from Hong Kong personal bank accounts interest and dividends interest throughout 23/24 tax year, Please my questions are: I don’t understand which period i should declare the above interest incomes : 23/24 whole tax years or only UK parts after aboard as below: A) If answer is 23/24 whole tax year (the both above incomes received are more than £10,000), am I correct what I should take the split year treatment to declare 23/24 whole years if I am qualified? B) if answer is UK parts (but the both above incomes received less than £10,000), is self-assessment no longer required? If yes, Can I go to cancel and how to cancel self assessment as I have registered self assessment in error? Thank you very much.