HMRC Admin 19 Response
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RE: Transferring personal money to UK
Hi bullwicked,
You can see the following guidance on residence, domicile and remittance:
Residence, domicile and the remittance basis: RDR1
You will also need to take the statutory residence tests here:
RDR3 Statutory Residence Test
Once you have determined your residence status, you will be able to determine if the money being transferred in, is taxable.
If any of the money being transferred into the UK, is income or gains, generated in the tax year in which you become resident, then this will be taxable. All other monies, not from income or gains in the current tax year is not taxable.
You can see guidance on importing personal goods here:
Check how to declare personal goods you bring into or take out of the UK
Thank you.
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RE: Student loan repaid during tax year incurs self assessment charge
Hi,
If you have already paid it in full then you will select no to the question do you have a student loan.
Thank you. -
RE: Applying Digital Nomad Scheme but still PAYE employee
Hi Ivan Burgess,
We are unable to advise on this. You will need to check with the Spanish authorities or the Home Office.
Thank you -
RE: Income from foreign NRE account
Hi Suresh Patel,
Capital Gains Tax arises from the disposal of assets, such as property or shares.
Whereas, interest from savings accounts attract Income Tax.
If you are resident in the UK and use the arising basis, you would need to declare the gross interest and tax deducted, in pounds sterling, in the foreign section of an online Self Assessment tax return or the supplementary page SA106, when submitting the SA100 tax return. To avoid double taxation, you can claim a Foreign Tax Credit Relief against the foreign tax paid. You can see more information here:
Self Assessment: Foreign (SA106)
Thank you. -
RE: Applying Digital Nomad Scheme but still PAYE employee
Hi
We are unable to advise regarding digital nomad visas, as this is not a tax matter.
You can ask your UK employer to write to HMRC and seek a direction to operate PAYE on an employees earnings or complete the online form here:
Apply for a direction to operate PAYE on an employee's earnings
You can find guidance on National Insurance here:
National Insurance if you work abroad
If you need further information on National Insurance you will need to contact our National Insurance team.
National Insurance: general enquiries
Thank you. -
Mortgage interest - tax relief?
Hi Edward Bartlam,
Yes, the online system will automatically allow this. The arrangement fee can be added to the interest figure you are entering here.
Thank you.