CP

I just posted a similar question. Much appreciated if you would let us know the detailed calculation of the tax payable for the incomes provided in the second post by Gj above, having regard to the principle that tax due on savings income will be calculated first. Many thanks!

For the tax year 2023-24, suppose I have the following sources of income: 1. dividend from shares held in Hong Kong: ~ GBP 2,500 2. interests from savings held in the UK: ~ GBP 9,000 3. interests from savings held in Hong Kong: ~ GBP 8,000 And I do not have any other income either in the UK or elsewhere. I do not have to pay tax in Hong Kong for the above incomes. Grateful to know whether I need to pay tax in the UK for the above incomes and if so, how much and how it is calculated. Many thanks for your advice.

Thanks for the reply earlier. I just realised that apart from dividends and interest generated in my bank accounts in Hong Kong, I also had some interest incomes (~£2,500) generated from my savings in the UK. As such, please advise which part of the self assessment tax return should I enter the UK savings interest? Many thanks again for your help.

Hi, the only incomes I have for the tax year 2022-23 are interests from savings (~GBP3,400) and dividends from shares (~GBP1,600) kept in some banks in Hong Kong. I do not have to pay any tax on these incomes in Hong Kong. Would you please advise : (a) whether I need to submit a self assessment; and (b) if yes, under which form/section/page should I provide these income figures. Many thaHnks for your help!