uk1971

I am domiciled in the UK and paid UK tax for over 3 years, but my mother is not UK resident or citizen. I assume no tax to pay under below scenarios. 1) she sends 100,000k GBP to my current account in one of HK banks to settle her living cost in HK 2) she sends 100,000k GBP to my current account in one of UK banks to settle her living cost in HK Also assume current account has zero interest.

I inherited money from his bank account in Hong Kong (its total balance is around 150k GPB) and HK property (its price is around 175k GPB) from my father after she passed away. My father was not a UK citizen (or resident) but I am. So UK inheritance tax is NOT applied to my father or me.

thanks admin 5. I will try to declare the self assessment tax return in gov.uk ! appreciate for your feedback. I will update the status soon.

Hi Officier, If  I submit self assessment for 2023/24 in gov.uk, will it automatically derive higher rate tax relief on one-off pension contributions? I guesss the system only applied default basic 20% tax relief for one time pension contriubtion. If no, what is the procedure before or after completing self assessment in coming months? In current tax year (23/24), my total income is over 100k pound, tax code is 702T and I 've posted additional 6000 pound to my private pension account before 29 March 2024. I guess I am qualified to apply second tax relief. Right?