May 2024

Foreign interest from a fixed time deposit was paid in the tax year 2023/24. But the time deposit was for a duration of one year starting at the time before I arrived in the UK. On arising basis, can I apportion the interest paid only for the time I was in the UK and declare the apportioned interest in the Self Assessment? Or do I need to declare the full interest for the entire one year (including the time before I arrived in the UK)?

If the UK job requires me to travel to the UK (from Hong Kong) and requires me to pay for my own visa (BNO visa in this case), please advise if I can claim the BNO visa fees as employment expenses in Self-Assessment hence tax deductible. Thanks.