HMRC Admin 19

Hi,

You would still have the same account as before, however this would need to be reactivated by registering for self employment:

Register for Self Assessment

Thank you.

Hi,

The income charged is the full amount or value of the dividends paid and other distributions made in the tax year, you can see more information here:

SAIM5020 - Dividends and other company distributions: the charge to tax on UK dividends etc.

No expenses are allowable. You should declare the full amount of the dividend. The calculation will take into account the dividend allowance.

Thank you.

Hi,

Firstly, complete the Self Assessment criteria checker to find out if you are required to complete a Self Assessment tax return form for the years in question:

Check if you need to send a Self Assessment tax return  

We cannot advise you on what you should do with your tax return in Hong Kong, however when submitting your UK form you can claim foreign tax credit relief on any employment tax paid in Hong Kong to avoid double taxation if you are deemed a UK resident.    

You can see the following link to register for Self Assessment:

Register for Self Assessment

Thank you.

Hi,

You do not need to declare money gifted to you from a family member. However, there may eventually be inheritance tax implications depending on the circumstances. 

Thank you.

Hi,

This should be from the date you were living in the home.

Thank you.

Hi,

Yes you would complete both the SA106 and also the SA108.

Thank you.

Hi,

Please see the double taxation treaty between the UK and Hong Kong. Article 14 suggests this income would remain taxable in Hong Kong. However, if you are a UK resident for tax purposes for the 2021/22 year then you are required to declare your worldwide income on a Self Assessment form.  

Hong Kong: tax treaties

With regards to the MPF and if this qualifies for tax exemption, you would need to check if this is a qualified overseas pension by checking the recognised overseas pension schemes notification list:

Check the recognised overseas pension schemes notification list

Any further information on whether your pension scheme is a qualified one or not will need to be directed to our pension scheme services.  

Once the facts are established this will allow you to decide if the gross or net of pension contritbutions figure is declared as your taxable income. 

Thank you.
 

Hi,

If the expenses are wholly, exclusively and neccessary then they would be allowed.

You must calculate the figure based on what you spend per annum soley towards washing the clothing relating to the business.

Thank you.

Hi,

If you are claiming tax back under the double taxation treaty between the US and the UK, please complete a DT Individual form and send to HMRC by post:

Double Taxation Treaty Relief

Thank you

Hi,

Our colleagues at the Employers Helpline can assist you with your query, you can contact them here:

Employers: general enquiries

Thank you.