faye burton
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Foreign income on self assessment but live in USA - how to complete form
Hi My family live in the US full time but we complete self assessments as we rent out homes in the UK. My husband works full time in the US and is taxed accordingly on his US tax return. We do not transfer any money back to the UK. How does he complete the foreign income section as it is asking the following question on the self assessment form- Were you unable to transfer some or all of your overseas income to the UK? It is not the case we are unable to we just do not transfer any money into the UK and only keep the UK profit from the rentals in the UK bank accounts which we declare on the self assessments each year. So does he need to complete a foreign income section or does he selection yes he was unable to transfer to the question above? Thanks