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Thank you. To clarify, no UK tax has been deducted from the UK dividends.
I understand therefore that I should declare the Dividend on my HS304 claim form under Section 3a?
Is this correct?
Hi, I was an Australian Tax Resident for the full year 2020/21, however I received a dividend from a UK company in which I hold a 20% share. The dividend was £36,450.
I have already paid Australian tax on this income.
Am I required to also pay UK tax on this dividend?
Do I need to provide a new certificate of tax residency for each year I am not resident in UK?
For example, I was tax resident in Australia not UK for 2020-21 and provided a certificate.
I am now non-resident for tax year 2021-22, in my case a split year until 11th March when I moved back to the UK.
Do I need to provide an Australian Certificate of Tax residency for the 2021-22 year?
If I become resident mid-year, does the full capital gains tax allowance apply? Or is it pro-rated for the period I have been resident in the UK?
For example, if I became resident for tax purposes on March 1st, and made an asset disposal gaining £20,000 on March 2nd, would tax be payable on £20,000 - £1,025 = £18,975? Or would it be payable on £20,000 - £12,300 = £7,700?