HMRC Admin 19 Response
-
RE: Capita Gains Tax on vehicles
-
RE: Freelancing for EU company
Hi,
You need to declare the gross amount and claim the Polish tax as Foreign Tax Credit Relief. You can see guidance here:
Tax on foreign income
Thank you. -
RE: Split Year Case 6: Number of days are permitted in the UK during 06 Apr 2023 to 31 Oct 2023
Hi,
You can see guidance here:
RDRM12220 - Residence: The SRT: Split year treatment: Case 6: Calculating whether individual has worked full-time overseas in the relevant period
Thank you. -
RE: Gift Tax from Overseas parents
Hi,
There are no Income Tax implications on the receipt of a cash gift unless the cash gift generates interest or dividends. These would then potentially be subject to tax. Further guidance can be found here:
Tax on savings interest
Tax on dividends
Thank you. -
RE: Remittance Basis
Hi,
This depends on what amount you actually remit. You can see guidance here:
Paying tax on the remittance basis (Self Assessment helpsheet HS264)
Thank you. -
RE: Self-assessment for sole purpose of reporting foreign income
Hi,
To complete the Self Assessment tax return for 6 April 2022 to 5 April 2023, you will need to declare on SA100 (tax return), SA102 (employment), SA106 (foreign) and SA109 (residence), your income and tax deducted from the date you arrived in the UK, to the end of the tax year.
Even if your pay is taxed under the PAYE system, it should be declared on SA102.
Your overseas income from interest, property, and any other source should be shown on SA106. You can claim a Foreign Tax Credit for up to 100% of any foreign tax paid on the income.
You also need to complete SA109, to claim split year treatment. All of this should be done in conjunction with SA100, which is the main tax return. You can download the tax return and supplementary pages here:
Self Assessment tax return forms
Thank you. -
RE: Money transfer
Hi Ninah321,
Gifts of money from children to parents have no Income Tax implications, but any interest or dividends generated may be taxable.
Tax on savings and investments: detailed information
Thank you. -
RE: Self-assessment needed if foreign income transferred to UK
Hi,
On the basis of the information provided, you would not have to submit a Self Assessment tax return. You can see guidance here:
Check if you need to send a Self Assessment tax return
Thank you. -
RE: UK Tax on Australian Superannuation
Hi Keith Watson,
If you become tax resident in the UK in future years, you will be required to submit a Self Assessment tax return on the grounds that you receive an overseas pension.
Lump sum withdrawals from a superannuation fund are regarded as pension income. Foreign Tax Credit Relief can be claimed regarding any overseas tax already deducted from such withdrawals. You can see guidance here:
Check if you need to send a Self Assessment tax return
RDR3: Statutory Residence Test (SRT) notes
Relief for Foreign Tax Paid 2021 (HS263)
Thank you. -
RE: Remittance basis tax
Hi,
Yes, to claim the remittance basis you need to complete the return and the SA109.
Thank you.