lilly90
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RE: Interest on foreign bond investments
Hi, thanks, could you let me know exactly in which online section I can enter the new figures? Could you also confirm that the figure I should add is the foreign tax paid? Thanks! -
RE: Interest on foreign bond investments
Hi, thanks but the online system only allows me to claim for maximum 25% of the foreign tax paid, i.e. the maximum rate of tax credit relief allowed is 25%. Could you let me know how I can select 100%? Thanks! -
RE: If a tax return is needed for foreign income less than allowance
Hello HMRC Admin 25, Thanks, I would be grateful if you could clarify in which section of the tax return I can claim the 'foreign tax credit of up to 100% of the foreign tax paid'? Thank you. -
RE: Interest on foreign bond investments
Hi, I invested in Italian bonds in February 2023. In July 2023, I received a gross interest of 350 euros on which I paid taxes in Italy (12.50%). In January 2024 I will receive a gross interest of 350 euros on which I paid taxes in Italy (12.50%). I have not gained any other foreign interests. I am filling in the foreign income section of my tax return to claim for tax relief but would like to know what the % foreign tax credit relief is? Thanks! -
RE: If a tax return is needed for foreign income less than allowance
Hi, I am completing a tax return for foreign income and applying for tax relief for the tax paid on Italian gilts that were taxed in Italy. I am asked to select the % of foreign tax credit relief, but the maximum foreign tax credit relief I can select is 25%. I would be grateful if you could let me know why I cannot ask for relief of the full amount? Thanks! -
RE: Interest on foreign bond investments
Thanks. May I know why I need to submit a SA form for the year 2022/23 if the interest was paid in July 23 and January 2023? -
RE: UTR in the certificate of residence
Thanks. May I know why the overages tax authority needs the UTR? -
RE: If a tax return is needed for foreign income less than allowance
Hi, I’m sorry but your colleagues on Twitter just said the opposite: “ You will need to total up the interest received. If it's less than the Personal Savings allowance, it doesn't need to be declared.” I would be grateful if you could confirm whether or not I need to fill in a SA tax form. Thanks! -
UTR in the certificate of residence
Hi, may I know why the certificate of residence includes the UTR? I'm transmitting it to a bank abroad to hold a bank account as a resident in the UK and wondered why the UTR is needed. Thanks! -
Interest on foreign bond investments
Hi, I invested in Italian bonds in February 2023. In July 2023, I received a gross interest of 350 euros on which I paid taxes in Italy (12.50%). In January 2024 I will receive a gross interest of 350 euros on which I will pay taxes in Italy (12.50%). I have not gained any other interests. I would like to know: 1) whether I need to fill in a self-assessment form for the tax year 2022/23; 2) how I can get the taxes back from Italy. Thanks!