Wing
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Dual tax residency
I come from HK and is the tax resident of HK.
I arrived at the UK with BNO visa and I stay in the UK more than 240 days per year.
Do i need to submit SA109 every year when self assessment is submitted? -
Foreign income
I have a life insurance policy issued from Hong Kong. If I terminate my the savings life insurance and the total premiums paid over the years exceed the amount received upon policy termination, in this situation, is it classified as foreign income or capital gain? which section of my tax return should I fill out? Please help and thank you.