New 2024

Further to previous question, will double taxation happen to the life policy and annuity when they are matured in the future. It is because the dividend already applied to every taxation year and the profit gain apply again when they are matured.

Hi, I also have a life insurance policy and critical illness policy. I have withdrawn part of the dividend from the life policy and pay the premium for the critical illness policy. Are the withdrawn dividend to pay the premium taxable? Also, are the dividend stay in the policy is taxable? I would like to clarify a point for the annuity. No matter the dividend withdrawn or not, the dividend is taxable, is that correct? thank you.

Thank you for the answer. But will this dividend be considered as an income?

Hi I got an private annuity plan and some bonds in Hong Kong. The plan and bonds generate some dividend each year. However, I did not withdraw them and let them save with the plans. I am wondering if these dividend are considered as capital gains? Thanks New2024

Hi I settled in UK on July 2023 via BNO Visa scheme. In August 2024, I sold my flat in Hong Kong (my main residence ) and lose significant money in the transaction. Do I need to report it in the self assessment tax return for 2023 to 2024? Am I eligible to report capital loss to offset the capital gain from bonds? Thank you