Ali Ahmed

Hi, I am living in UK from last 5 years. I am tax resident in UK. My mother now gave me gift money in Pakistan. The interest on that money I am getting is £15,000 per year. The Withholding tax of 35% already deduct on interest in Pakistan. I am not tax registered in Pakistan. My income in the UK is £25,000 per year. Do I need to register for self assessment in the UK as I am on skilled worker visa? Secondly, Can I avail tax credit relief of 35% already paid in Pakistan. The proof I can provide is the bank letter stating amount of withholding tax deducted on my interest payment.

I am on skilled worker visa in the UK. I have restrictions on my work in the UK. Can I register for self assessment to declare my foreign interest income while being on skilled worker visa?

Hi, I am living in the UK from last 5 years. My parents now gave me gift money in Pakistan. I have put that money in Bank and the interest I am receiving is £15,000 per year. That money is Taxed in Pakistan as profit generated. The tax percentage is 35%. My income in the UK is £25,000 per year. My question is when I declare foreign income in my Tax returns, how can I avail tax relief? I mean what document do I need? I am not filing Tax returns in Pakistan. But I can have Bank letter stating withholding tax deductions. Would that be enough to get tax relief in the UK?