HMRC Admin 32 Response
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RE: Help to fill out SA declaration, Non resident with exempt pension
Hi,
As you have been avised they are exempt in the UK, you do not include them on your tax return, if tax has not already been refunded fo the year, include the UK tax at box 22 on the SA109.
Thank you. -
RE: Uk tax residency check
Hi,
Your residence status is for you to determine based on the guidace available. You can do a quick check at:
Which tax year do you want to check your UK residence status for?
Thank you. -
RE: Stock options and RSUs, UK employer
Hi,
As the payment is from your employer, the income should be shown in the employment section if it is included in your P60. You would then claim credit for the Tax in the foreign section under 'Employment, self-employment and other income which you paid foreign tax on'. If it's not included in your P60, please include it on the box on the employment page for 'Tips and other payments not included on your P60'. ERSM20193 advises that when RSUs payout at the market value on what is called "dividend equivalents" in either cash or shares, such payments will generally be taxed as earnings in the year they are received.
ERSM20193 - Employment-related securities and options: what are securities: RSUs and dividend equivalents
Thank you. -
RE: State Pension and how to record on self assessment tax form
Hi,
Yes, you would be taxed based on the entitlement for the year rather than the payments you received in the year. The start date and the weekly rates are provided to HMRC and this is used to estimate the amount.
Thank you. -
RE: Wrong first name on the tax account
Hi,
You can update your name using the online form.
Tell HMRC about a change to your personal details
Thank you. -
RE: Foreign income - different tax years
Hi,
Just use the figures you already have and that way your years are classed as the same.
Thank you. -
RE: Tax on savings interest
Hi,
Please refer to guidance at:
SAIM2440 - Interest: taxation of interest: when interest arises
Thank you. -
RE: Tax On Interest from Building Society Accounts
Hi,
They would still be entitled to the PSA and it would still be reported to HMRC in the same way.
Thank you. -
RE: Abroad bank account
Hi,
Yes, you can do this but must still declare your income in sterling for your tax return.
Thank you. -
RE: Address for Paper SA for Overseas Resident - Leicester Tax Office Closed