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ExpatSingapore Message Board 28 May 2012, 1:33:41 am *
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Author Topic: Foreign Income - have the rules changed?  (Read 557 times)
UK taxpayer
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« on: 14 October 2010, 10:28:03 am »
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Coming up to Tax Return time and usually I just copy last year's return, amending figures where necessary.  But this year it all looks different??

As a UK Citizen, non-resident in UK, do I need to declare Foreign income if it never reaches the shores of the sceptred isle?  If I try to look at HMRC website it only seems to apply to foreigners living in the UK.

Usually I just declare rental income and dividend/interest income earned in UK.
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ExpatSingapore Message Board
« on: 14 October 2010, 10:28:03 am »
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no you don't
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« Reply #1 on: 14 October 2010, 11:07:15 am »
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As a non-resident you don't have to declare non UK derived income.

Make sure you get the right deductions against your rent (mortgage interest, just interest though not capital), wear and tear allowance, agents fees etc.
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UK taxpayer
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« Reply #2 on: 14 October 2010, 12:06:48 pm »
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Thanks PP - that's what I always thought too, but the 'new, improved' tax return makes it all very confusing - and when you go to the website, all the documentations seems to be in bloody Welsh!!
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no you dont
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« Reply #3 on: 14 October 2010, 14:41:37 pm »
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Mate, you can't file online. The froms covering non-residents don't work.

Anyhow, same advice applies. Personally have refused to file as they owed me money for 9 years and told them I will file when they pay me.  Anyway, as said, they don't have global tax (other than inheritance and good luck changing your domicile) so no need.

Btw I am a uk qualified chartered accountant, I am not however a tax specialist. Therefore view this as an educated opinion but not a specialist one.
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they do but
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« Reply #4 on: 15 October 2010, 4:41:55 am »
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last year I left it until the last minute to file online and had to buy an additional software programme to allow me to submit non-resident rental income online. Can't say I was pleased about that. The forms HAVE] changed this year and ask a lot more questions about being resident/ordinarily resident.
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how long
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« Reply #5 on: 16 October 2010, 14:34:09 pm »
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Coming up to Tax Return time and usually I just copy last year's return, amending figures where necessary.  But this year it all looks different??

As a UK Citizen, non-resident in UK, do I need to declare Foreign income if it never reaches the shores of the sceptred isle?  If I try to look at HMRC website it only seems to apply to foreigners living in the UK.

Usually I just declare rental income and dividend/interest income earned in UK.

I wonder just how long we get to keep all these little tax breaks....hope its forever
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