Porpoise

Hi, The income is from Hong Kong. I would like to confirm so this adjustment is still regarded as my UK part due to the payment received date fallen within my UK part even though my employment fell within my overseas part with Split Year Treatment, so it's still taxable but is subject to https://www.gov.uk/government/publications/hong-kong-tax-treaties? BTW, I have the letter from my previous employer to the Inland Revenue Department of Hong Kong including this adjustment for my employment during the period fallen within my overseas part. Thank you.

Hi, I would like to confirm if the monthly exchange rate from Exchange rates from HMRC in CSV and XML format, the April one can be used for both tax year, e.g. Apr 2024 can be used for both tax years 2023-24 and 2024-25 in case I had acquisitions and disposals of shares during 01.04.2024-05.04.2024 for 2023-24 and during 06.04.2024-30.04.2024? If not, during which tax year it can be used? Thank you.

Hi, I wish to clarify about same day rule. When the time of the acquisition or disposal will not matter so long as it is on the same day, since most of the time the focus is disposal first followed by acquisition on the same day, I would like confirm whether even if the shares are acquired first then disposed later on the same day, same day rule still apply and these acquisition and disposal should be matched first? Thank you.

Hi, I have a follow-up question. If there were multiple acquisitions and disposals when I was non tax resident and only have e.g. 10 shares on hand when becoming tax resident, should the cost of last 10 shares acquired be used when I dispose these shares now as I suppose all same day rule, B&B rule and Section 104 would not apply during my time as non tax resident? Thank you.

Hi, I became UK tax resident in the middle of tax year 2023/24 and will apply for split year treatment for the income I received prior my arrival at UK. However, there was a pay adjustment received from my overseas employer for my previous job while it was ended before my departure to UK. May I confirm it would not be subject to UK tax and I don't need to declare it? Thank you.