HMRC Admin 17 Response
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RE: BNO
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RE: Split year treatment
Hi
Esther,
You will need to register for self assessment (if not already done so) and then complete the SA100
and SA109.
If you have UK employment, you will also need to complete SA102.
Help to complet the SA109 is at - :
Residence, remittance basis etc notes .
Thank you. -
RE: Split year treatment
Hi
FabGio g,
You will include the full income from the P45 on the employment page.
To then claim the relief for when you left the UK, you will also need to complete form HS304 - :
Non-residents tax relief under double taxation agreements (Self Assessment helpsheet HS304) .
Thank you.
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RE: Split year treatment
Hi
lon.deg,
You will need to make sure that you do not need to complete a tax return for another reason.
If you dont, the P85 will suffice and you will only declare income in the UK until the period you leave, Income you receive
after that will not be taken into account and will not be taxed in the UK.
Your income tax band will not be adjusted retrospectively and you will receive the annual rates of allowances/tax bands.
Thank you. -
RE: Split year treatment
Hi
YM,
You do not need to report the income prior to arriving in the UK.
You do need to report the foreign income and a tax return is required see link:
Tax on foreign income .
Thank you. -
RE: Money transfer
Hi,
If the moeny being transferred is a gift then you may be liable to tax on interest that it generates.
If the money is from a rental propery, you need to declare this :
Examples of how to work out Income Tax when you rent out a property .
Thank you. -
RE: BNO
Hi
v_chan,
You need to declare the whole amount received.
On the return it asks you for the number of years the policy was held for and the system apportions this for you where applicable .
Thank you. -
RE: UK Tax on Australian Superannuation
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RE: BNO
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RE: BNO
Hi
v_chan,
You will be entitled to a refund if your total income is below the personal allowance.
From the information given, to claim this you will need to submit a self assessment tax return as you have foreign dividends to declare.
Anything over £300 for foreign dividneds needs to be on a tax return.
The gain only needs to be declared if the actual sale was over £49200.
Further infomation can be found at :
Self Assessment: detailed information .
Thank you.