travisscott
-
RE: Clarification on Tax Obligation for Interest Income and Offshore Accounts
As a higher rate taxpayer, you must submit a Self Assessment form if you have any taxable income, including interest from offshore accounts, regardless of the total being under £10,000. It’s best to consult directly with HMRC to ensure compliance with all tax obligations. -
RE: Self-Employed outside the UK
It's important to declare your income accurately when filing your self-assessment, so you should classify it as self-employed income. Regarding VAT, since your services are B2B and outside the UK, you may not need to register, but it's best to consult HMRC guidelines for specifics. -
RE: Is state pension included in the NMW calculation?
No, state pension is not included in the National Minimum Wage (NMW) calculation. The NMW only applies to wages earned from employment, excluding any pension benefits. -
RE: EU REX Registered - Exporting to the UK
No, goods imported into the EU under the EU-Morocco agreement cannot benefit from preferential rates under the UK-Morocco Trade Agreement when exported to the UK. Each agreement is separate, and proper proof of origin must be established directly from Morocco for UK preferential treatment.