Nella

Thanks for your reply. If I am a BC but not a UK resident at the time I passed away (e.g. I live outside UK), I hold non-UK listed shares (e.g. US shares) through a U.K brokerage firm or U.K bank. Will my non-UK listed shares held through a UK brokerage firm 1) considered to be UK-based assets or non-UK based assets? 2) subject to UK inheritance tax?

I am a UK resident and I hold non-UK listed shares (e.g. US shares) through a U.K brokerage firm or U.K bank. When I passed away, will my non-UK listed shares held through a UK brokerage firm 1) considered to be UK-based assets or non-UK based assets? 2) subject to UK inheritance tax?

I received my last income from my past employer in HK after I arrived UK. I am currently a UK tax resident My questions are: 1) Do I need to report this income as foreign income in my UK self-assessment? 2) Since this income arised from my past employment in HK, it should be subject to HK tax. Based on double tax treaty, it seems the HK income has no tax liability in the UK. So, if I report this income in the UK self assessment, can I claim any tax credit for this amount? if so, which form I have to fill in?

Is dividend payment of Unit trust made by way of extra unit, instead of cash, subject to U.K. tax? How to account for the value?

This is not a pension. A private insurance plan that consists of life insurance and saving element. Lump sum payout will be made to owner when it reaches, say 10, 15 and 20 years. The life insurance portion will continue to enforce

If I arrived U.K. in July this year and stayed here for more than 183 days, I presume to be a U.K. tax resident for the year 2022/23. 1) Would my salary earned, dividend received, investment gain between April and June in HK be subject to U.K. tax or tax free? 2) Do I need to report the items in (1) above in the U.K. tax return / self assessment? 3) Being a tax resident, am I only taxed for any income earned from the date I arrived U.K. or the whole year including the date before arrival (which is April to June)?

I bought an insurance saving plan in HK for many years. If I become a U.K. tax resident, when I receive any payout of the HK insurance policy, either periodic payment as stated in the policy or money from surrender of policy, are these payment subject to any U.K. tax?

If I am a U.K. tax resident, Gain on shares investment is subject to capital gain tax. Can my shares trading loss be set off with trading gain before paying capital gain tax?