Tax on foreign income
Reporting your foreign income
You usually need to fill in a Self Assessment tax return if you바카라 사이트™re a UK resident with foreign income or capital gains. But there바카라 사이트™s some foreign income that바카라 사이트™s taxed differently.
You do not need to fill in a tax return if all the following apply:
- your only foreign income is dividends
- your total dividends - including UK dividends - are less than the £500 dividend allowance
- you have no other income to report
Different rules may apply if you바카라 사이트™re eligible for Foreign Income and Gains relief.
Before 6 April 2025, different rules may have applied if your permanent home (바카라 사이트˜domicile바카라 사이트™) was abroad.
Register for Self Assessment
If you do not usually send a tax return, you need to register by 5 October following the tax year you had the income.
You바카라 사이트™ll get a letter telling you what to do next after you바카라 사이트™ve registered.
Filling in your tax return
Use the 바카라 사이트˜foreign바카라 사이트™ section of the tax return to record your overseas income or gains.
Include income that바카라 사이트™s already been taxed abroad to get Foreign Tax Credit Relief, if you바카라 사이트™re eligible.
HM Revenue and Customs (HMRC) has guidance on how to report your foreign income or gains in your tax return in 바카라 사이트˜Foreign notes바카라 사이트™.