Senan
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RE: Pension contributions
Hi, I know that I can contribute to my pension as follows: ''The government lets you pay in up to 100% of your earnings into pensions, or £60,000 each year, whichever is lower.'' I am unemployed at the minute, but I have savings in the bank that let me earn around £35,000/year in pre-tax interest. Does my bank saving interest count towards the earnings I can put in my pension and still get the 25% government tax relief? Kind regards,
Name removed admin . -
Tax on foreign earnings as a foreign student in the UK
Hi, I am an Iraqi national arrived here in the UK on a spouse visa in February 2021. I started to file self-assessment tax return from the tax year 2021/2022. In the past, I was a university lecturer in Iraq and sent on a studentship funded by the Iraqi government to the UK to study PhD on a tier 4 student visa from 25/10/2014 to 10/10/2018. During my study, I was receiving salary here in the UK from the Iraqi government to cover my life expenses, and at the same time I was receiving my basic salary in Iraq which was not sent to the UK. I did not work during my study in the UK and was exempted from paying the city council tax. A few days ago I read by chance that foreign students have to file tax return and pay tax on their foreign income if it not used to cover living costs in the UK. I had many other Iraqi colleges in my same situation studying with me, but no one mentioned anything about this. My basic salary was far below my personal allowance. 1. Do I have to file a tax return for the previous tax years during my study from 2014-2018? 2. Am I considered as a UK tax resident during the same period when I was a student? Kind regards, Senan -
Tax on savings interest earned from non UK country.
A spouse visa UK resident, not domiciled. Do I pay tax in the UK on savings interest earned in my home country?