Donald Yiu
Joined: 10/6/2023
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Freelance income outside UK: Self-employment or Foreign?
Hi, I moved from Hong Kong to UK in Oct 2022 and were not employed by any company in the UK and Hong Kong since Oct 2022. From Oct 2022, my only income is working as a Hong Kong self-employed freelancer for a company in Hong Kong, the HK company transferred money to my bank account in Hong Kong and my income is over £1000 per year. Questions: 1. Should I treat myself as "self-employment" and fill in SA103 in tax return? 2. Should I fill in my income in SA103 Self employment Or SA106 Foreign? 3. If I should fill in my income in SA103, should I fill in the income amount in box 9 "Your turnover'? 4. If I should fill in my income in SA106, which part should I fill in the income amount? -
Split year treatment : Foreign income
Hello, I am going to apply split year for 22-23 tax year, the starting date of this tax year would be 1 Oct 2022. Would the amount of annual limit be the same as stated in the tax return guideline, that is £2000 for untaxed foreign interest and £2000 for foreign dividends . e.g. If my untaxed foreign interest during Oct 2022 - 5 April 2023 is £1998, should I fill in the interest amount in SA 100 Box 3 or in SA106 "Foreign"? Thanks.