HMRC Admin 19 Response

Hi,

When he arrives in the UK, any income he earns from his Australian source, will be taxable in the UK and should be declared in a Self Assessment tax return, in the foreign section. You can see guidance at article 14 of the tax treaty:

2003 Australia-UK Double Taxation Convention - in force 

He should no longer pay tax in Australia on this income from the date he arrives in the UK. He will need to organise this with the Australian tax authorities.  

He will also need to review the guidance on statutory residence at RDR3 and take the statutory residence tests here: 

RDR3: Statutory Residence Test (SRT) notes

This will determine whether he also needs to include his foreign income up to the date he arrived in the UK.  

For more information, you would need to contact our Self Assesment team.

Self Assessment: general enquiries

Thank you.
 

Hi,

If you are not tax resident for the whole tax year and you have UK income from property, you would have to declare this in a Self Assessment tax return, along with any investment income, such as bank interest and dividends. This disregarded income is required to calculate the amount of tax payable. You can see more information here:

HS300 Non-residents and investment income (2024)

Thank you.

Hi,

We cannot comment on whether the broker can suspend your account.   

Income tax and non-residential property Captial Gains Tax, declared in a Self Assessment return is payable by 31 January after the tax year has ended.  

You can contact our Self Assesment team if you wish to discuss anything.

Self Assessment: general enquiries

Thank you.

Hi,

You can see guidance here:

https://www.gov.uk/tax-foreign-income/paying-tax

Thank you.

Hi,

Please contact the Inheritance Tax team for advice.

Inheritance Tax: general enquiries

Thank you.

Hi,

You can see guidance here:

Tax when you sell property

Tax when you sell your home

Living away from your home

Thank you.

Hi,

Your State Pension is taxable, but does not count towards the threshold for paying into your pension scheme to qualify for tax relief. The threshold is set at the lower of your employment income or £60000. Where there is no employment income, the threshold is limited to £3600. The following guidance advises "contributions can be paid after a member has reached the age of 75, they are not relievable pension contributions and cannot qualify for tax relief".

Contributions qualifying for tax relief

Thank you.

Hi,

You would need to work out if there is a gain. There is a calculator here:

Capital Gains Tax

If there is no capital gains liability, then there is nothing to report. You could, however, take copies of the capital gains calculation and save them to your computer, should you be contacted about the disposal at a later date. You would then have evidence at hand to support your claim that there is no taxable gain.

Thank you.

Hi,

Under article 20 of the UK/Canada double taxation agreement, it is only taxable in Canada. They have then declared it as non taxable income so you do not need to declare anything in UK.

1978 Canada/UK Double Taxation Convention

Thank you,

Hi,

No, as this is covered by the trading allowance.

Thank you.