HMRC Admin 10 Response

Hi
You may actually be under split year.
If you qualify for split year then you only report any foreign income for the UK part of the year:
Residence: The SRT: Split year treatment
If you do not qualify then you will need to report all your foreign income to the UK :
Tax on foreign income
The guidance at RDRM12150 at www.gov.uk will help you work out if split year treatment applies.  
Based on your comments, no foreign income was earned whilst in the UK so there is nothing to report.

 

Hi
Yes, the income you receive from your NZ-based company is categorised as self-employed income.

Hi
Yes this will be a residential property and if the gain is under £6000 for 23/24 then there is no need to report it.

Hi
You will need to contact the department issuing the repayment to discuss this further.

Hi
This is foreign income as the payer of the income is abroad .
Tax on foreign income gives details of how to declare this

Hi HMHippo
That is correct.

Hi HMHippo
The full details per DT1467 - Where a UK resident makes a lump sum withdrawal from an RRSP or an RRIF, Canada imposes a 25 per cent withholding tax.
No tax credit relief is allowable in the United Kingdom in respect of the tax withheld, however, because the Canadian tax is imposed upon the lump sum withdrawal (which does not itself give rise to a tax charge in the United Kingdom), whereas any UK tax charge is on the disposal of assets held within the Plan or Fund to enable the lump sum to be withdrawn (and no tax is levied on the disposal of fund assets in Canada).
The Elimination of Double Taxation Article (Article 21) obliges the United Kingdom to give credit for Canadian tax paid only against UK tax computed by reference to the same profits, income or chargeable gains by reference to which the Canadian tax is computed.
Since no UK tax is computed by reference to the subject of Canadian tax (that is, the withdrawal), no tax credit relief is allowable.
Similarly, where the disposal of fund assets to facilitate a withdrawal gives rise to a UK tax charge, no tax credit relief is allowable since the disposal does not attract a tax charge in Canada.
From this no FTCR is for the actual pension withdrawal it is only allowable on any assets disposed of within the plan so its is different income.

Hi
It is the original amount of the distribution that you declare and you will show the witholding tax in order to claim foreign tax credit relief - Tax on foreign income

Hi Fran58
Yes if you return to the UK .
See Paying tax on the remittance basis (Self Assessment helpsheet HS264)

Hi
Your employer would report a lower taxable income due to the salary sacrifice, however you will need to check if there is a Benefit in Kind value for the car as this would need to be included in your calculation.