HMRC Admin 20 Response

Hi Cumulonimbus Cloud,

If you qualify for split year then you only report any foreign income for the UK part of the year:
 RDRM12000 - Residence: The SRT: Split year treatment
If you do not qualify then you will need to report all your foreign income to the UK:
 Tax on foreign income.  
The guidance at RDRM12150  will help you work out if split year treatment applies. 
Guidance on completing the SA109 is at:
 SA109 Notes Residence, remittance basis etc notes
 
Thank you.

 

Hi SCL,

The official exchange rates can be found at:
 Exchange rates from HMRC in CSV and XML format
and archived rate at
The National Archives Exchange rates.

Thank you.

Hi Vish14,

You would declare this as two employments to declare the income on the return.
If you only declared one employment with the full income, it would not match our records.

Thank you.

Hi Ian Kelly,

Tax will be chargeable against the redundancy payment in the tax year in which it is paid.  
You would declare the redundancy payment in a self assessment tax return on SA101.  
In the main tax return (SA100) payments to registered pension schemes, where basic rate tax relief will be claimed by your pension provider (called ‘relief at source’) would be claimed by entering the payments and basic rate tax in box 1 of page TR4.

Thank you.

 

Hi Kieran Crossey,

The arrears were paid in 23/24 tax year and should be included in the 23/24 tax return available after 5 April 2024.

Thank you.

Hi Adaadaada,

Tailor your return determines which parts of the return you need to complete and it will generate those sections. 'SA100' is purely for the paper form.

Thank you.
 

Hi Raymond_33,

Yes you can receive the dividend allowance.  As your UK dividend income is over £10000.00, you will need to declare the dividends in a self assessment tax return.  
HS300 explains how investment income is taxed, when you are not resident in the UK.

Thank you.
 

Hi Raymond_33,

If you are not resident in the UK, but have UK savings and investments (such as interest or alternative finance receipts from banks or building societies, unit trusts, National Savings and Investments, or dividends from UK companies), the income is taxable in the UK.  
HS300 provides information on how this is done and includes a working sheet to assist in calculating the tax.  
Non-residents savings and investment income (Self Assessment helpsheet HS300)
If you are not resident in the UK, then you are not taxable in the UK, on your non UK income or gains.
If there is a double taxation agreement between your country of residence and the UK, then you may find that salaries, wages and other remunerations, as well as pensions including state pension arising in the UK, are not taxable in the UK, but are taxable in your country of residence.  In all double taxation agreements the UK has with other countries, income and gains arising from property in the UK, are taxable in the UK.  A tax return must be completed every year.

Thank you.
 

Hi mkcchan,

Yes, you can claim a credit for the tax you have been charged in the overseas country, even if you have not yet paid it.

Thank you.

Hi Jea7,

You would need to check this with the German tax authorities as this is not for HMRC to comment on.

Thank you.