HMRC Admin 32 Response

Hi,

UK rental income and expenses are shown on SA105, regardless of whether you are resident in the UK or not and is not affected by split year treatment. For the year that split year treatment applies, you would only declare the amount of interest that arose while resident in the UK.  
For subsequent tax year where you are not resident, you would declare the interest and tax deducted on the tax return. A non-UK resident person, is taxable on savings and investment income in the UK, which is treated as 'disregarded income'. The effect of this is that the liability of a non UK resident in respect of savings and investment income, is limited to the income tax deducted from it, or treated as deducted or paid in respect of it. We are unable to comment on the DT treaty agreed, as we do not know which treaty is involved.

Thank you.

Hi,

No. Cash gifts from overseas, do not have any tax implications, other than the interest or dividends the gift generates. These would then potentially be subject to Income Tax.

Thank you.

Hi,

Yes. If you use the remittance basis, you lose your personal allowance and annual exempt allowance for capital gains. You will be taxed on your UK income and gains and any overseas income and gains remitted to the UK. The length of time you have been resident in the UK, may also mean that you have to pay the remittance basis charge.  Have a look at section 9 of:

Residence, domicile and the remittance basis: RDR1

Thank you.

Hi,

You will need to interpret article 17, to determine if the lump sum is taxable or not. We cannot do that for you. If the lump sum is not taxable in the UK, it would only be mentioned in the additional information box on page TR7 of SA100.

Thank you.

Hi,

A non-UK resident person, is taxable on savings and investment income in the UK, which is treated as 'disregarded income'. The effect of this is that the liability of a non UK resident in respect of savings and investment income, is limited to the Income Tax deducted from it, or treated as deducted or paid in respect of it.

To report this income would require the completion of a self assesment tax return, in which you would declare the savings and dividends and that you are not resident in the UK. You should also consider the doublt taxation agreement, if there is one, between the UK and your country of residence.

Collection Tax treaties

Thank you.

Hi,

As you are self employed, otherwise known as a 'sole trader', you will need to register as self employed.  

You can do this at: 

Self Assessment

which will register you for self assessment and for national insurance contributions, in relation to your profits.

Thank you.

Hi,

Although the below does not mention including a business address on invoices,

Set up as a sole trader

the following confirms that sole traders need a business address on invoices.

Invoicing and taking payment from customers

You could consider using a PO box as an alternative.

Thank you.

Hi Jay,

That is correct.

Thank you.

Hi,

You would not meet the criteria for Self Assessment based on this. Information regarding claiming the relief is shown here.

Tax on your private pension contributions

Thank you.