hellogoodmorning

Hi HMRC admin, From the guidance HS265, I found (1) report fund Interest under SA106 ‘Interest and other income from overseas savings’ (2) report fund Dividend under SA106 ‘Dividends from foreign companies’ If the earnings from fund trade is treated as income, is it classified as miscellaneous income and report it under SA106 ‘Interest and other income from overseas savings’? Thanks.

Hi HMRC admin, My funds are non-reporting off-sore funds. Please advise which form/box I should use to report the interest income, dividend and trade income. Thanks.

Hello, I would like to understand how to fill in tax return for US gains/dividends from US bond/stock ETFs. I read the docs about offshore funds. Is my understanding below correct? Thanks. 1. dividends from US bond ETF: treated as foreign interest income 2. dividends from US stock ETF: treated as foreign interest income 3. gains from US bond ETF: treated as income. is it treaded as foreign interest income or other income? 4. gains from US stock ETF: treated as income. is it treaded as foreign interest income or other income?

Hello HMRC Admin, I would like to ask how to apportion "Foreign Tax Credit Relief for the tax paid". Here is my case: 1. I will apply for split year treatment for tax year 23-24. (foreign part: 06/04/23 - 21/08/23 / UK part: 22/08/23 - 05/04/24) 2. I received monthly salary from a Hong Kong employer from 06/04/23 to 17/10/23. The salary from 22/08/23 to 17/10/23 is taxable in UK. 3. If I pay tax GBP 1000 to the Hong Kong government for the whole tax year 23-24, how to apportion the UK part for "Foreign Tax Credit Relief for the tax paid". Thank you.

Hi, I would like to refine my questions as follows. Do I need to pay NI on my foreign income from a Hong Kong employer in case 1. I work remotely for the employer in UK 2. the employer doesn't have any entity in UK 3. I have paid contributions to MPF (a compulsory pension fund in Hong Kong). The employer deducts the contributions from my salary and pays to the fund. Thank you.

Hi, Last email mentioned we could report earnings from foreign employer via Self Assessment Tax Return. Do we need to pay NI on these earnings? Thanks.