yanyan

Hello everyone I am a new immigrant from Hong Kong and have lived in the UK for more than 2 years. I do not own any real estate in the UK and have never purchased any house or property in the UK. Now I only rent a house, and I still own a self-occupied house in Hong Kong and do not rent it out. , now lived by my father, occasionally when my wife and children and I return to Hong Kong to visit relatives. Please tell me if I sell my only original home in Hong Kong now, will I have to pay capital gains tax? If I have to pay a percentage, how much is it? Where can I find the calculation method on the government website? If it is not used, what proof will be provided if the money from the house sold in Hong Kong is remitted to the UK in the future? Sincere thanks to the officials (Translated by Google)

Dear Sir/Madam Hello everyone, from 2023 to 2024, I should have about 6,000 pounds of fixed deposit interest in the British bank, and my income from PAY work is about 11,000 pounds, a total of about 17,000 pounds. There is no overseas or other income. I checked through the government website's "Check if you need to send a Self Assessment tax return" and the result was "You do not need to send a Self Assessment tax return." Does this mean that I do not need to submit a tax return? If I do not submit a tax return, will the government calculate the tax for me and issue a tax bill to me? As a new immigrant, I don’t know the tax filing situation in the UK, so I’d like to thank you for asking. kind regards (Translated by Google)