HMRC Admin 8 Response
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Re: Capital Gains and Income tax personal allowance
Hi,
You cannot use your personal allowances against CGT so anything above the £6000 annual allowance (23/24) would remain liable to tax.
You would have the benefit of all the basic rate band so that any gains would be taxed at either 10% or 18% up to £37700 and the higher rates thereafter.
Thank you. -
Re: RE: Overseas Remote employee for a UK based employer
Hi Molly Civaai,
As you plan on being an Italian resident, your income will be declared to the Italian authorities.
Which bank the funds are paid into is up to you.
Thank you.