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Withoutwax

Withoutwax

Joined: 4/20/2024

  • Taxed foreign interest income

    Sat, 20 Apr 2024 11:41:37 GMT – Taxed foreign interest income
    Hello, I have a question regarding interest income earned from outside the UK. The income has already been taxed by the foreign country. Do I need to declare this income in the UK and pay tax on it? Details: I earned interest income in India and Tax has been deducted at source (TDS). Do I still need to pay tax on this income in the UK?