Stan Ng
Joined: 10/4/2024
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RE: Split year treatment and foreign income
Hi HMRC, I arrived UK on 15 July 2021 and in my first tax year 2021/2022, I did my tax clearance in Hong Kong before arriving UK, I was unemployed for the rest of the year up till now. Do I still need to submit a self assessment to report my income earned in Hong Kong from 6 April 2021 to any time before 15 July 2021? If yes, would there be any penalty for back-dated submission and how much would that be? My understanding is that split year treatment should apply and therefore I don’t have tax to pay and no submission for self assessment is required? Please advise. Regards. SN