moutax

I am an UK resident and I got some pending bonus from my previous company in czechia in march 2024. 1. czechia already deducted 15 percent tax on it. so, do i need to file a self assesment form and pay remaining 27 percent tax [42-15=27] here now considering i am in 42 percent tax bracket in scotland? 2. If i keep the money in chechia and dont bring to UK , do i still need to pay 27 percent tax here? If this is allowed to keep the money in czechia and dont bring to UK immediately, later when i will bring the money e.g. say in 2030, do i need to pay this 27 percent tax that time or it will depend on my income and income tax rate that time?

I am an UK resident and I am getting some interest in my NRE and NRO account in India. 1. NRO account is taxable at 30 percent on interest income in india, now i am in 42 percent tax bracket or higher tax bracket in scotland. If the interest income from NRO account is less than 500 pound, is it taxable in UK? 2. NRE account is not taxabale from interest income prosective in india, so can i still apply for 15 percent tax relief in UK although I did not paid any tax india for first 10 years after opening of the account? 3. If i dont bring this money to UK now from NRE or NRO account, do i still need to pay tax on interest income?

I am an UK resident from last year and i have sold my flat in india this year. I am still an UK resident. 1. Do i need to pay capital gain tax in UK and self assessment form need to be filled by converting the buy and sell value from INR to pound using the exchange rate for respective years when it was sold and bought? 2. can i apply for 3000 pound CGT relief for 2024-25? 3. also, i have paid registration fee and stamp duty while buying the property, can i deduct these two amount from my capital gain while calculating my net capital gain? 4. If i sell land instead prperty - do i still need to pay capital gain tax here? as i am paying capital gain tax 20 percent in india as well, can i get relief for that here?

I live and work in UK since last year and I am an UK resident, last year i have sent my salary income from UK to India NRE and NRO acount. Now, i want to bring those money back to UK, do i need to pay any tax on it in UK?

I am an UK resident and I am getting some interest in my NRE and NRO account in India. 1. NRO account is taxable at 30 percent on interest income in india, now i am in 42 percent tax bracket or higher tax bracket in scotland. If the interest income from NRO account is less than 500 pound, is it taxable in UK? 2. NRE account is not taxabale from interest income prosective in india, so can i still apply for 15 percent tax relief in UK although I did not paid any tax india for first 10 years after opening of the account? 3. If i dont bring this money to UK now from NRE or NRO account, do i still need to pay tax on interest income?

I live and work in UK since last year and UK resident, I want to bring my money from india which i have earned from salary when I was working in india for last few years. Income tax is completely paid to indian government for those money - do I need to pay any tax for bringing those money to UK from India via bank account?

I am an UK resident since June 2023 and i got some pending bonus from my previous company in czechia in march 2024 for working till may 2023 there. I came to UK first time last year and split residency applies to me. 1. czechia already deducted 15 percent tax on bonus. so, do i need to file a self assesment form and pay remaining 27 percent tax [42-15=27] here now considering i am in 42 percent tax bracket in scotland? 2. if i keep the money in chechia and dont bring to UK , do i still need to pay 27 percent tax here? If 2nd option is allowed to keep the money in czechia and dont bring to UK immediately, later when i will bring the money e.g. say in 2030, do i need to pay this 27 percent tax that time or it will depend on my income and income tax rate that time ?

I am an UK resident from last year and I have sold my flat in india this year. I am still an UK resident. 1. Do I need to pay capital gain tax in UK and self assessment form need to be filled by converting the buy and sell value from INR to pound using the exchange rate for respective years when it was sold and bought? 2. can i apply for 3000 pound CGT relief for 2024-25? 3. also, i have paid registration fee and stamp duty while buying the property, can i deduct these two amount from my capital gain while calculating my net capital gain? 4. If i sell land instead prperty - do i still need to pay capital gain tax here? as i am paying capital gain tax 20 percent in india as well, can i get relief for that here?