UK Tax Return

Visa questions, companies, work permits, employment, insurance, banking and finance, and legal issues.
lomuamart
Moderator
Moderator
Posts: 9735
Joined: Tue Dec 31, 2002 12:25 pm
Location: hua hin

Re: UK Tax Return

Post by lomuamart »

Income earned in the UK (for instance from property) is subject to income tax.

You can get reductions in the amount paid by registering as a Non Resident Landlord living abroad but then you'd be on the radar!!
lindosfan1
Deceased
Deceased
Posts: 4069
Joined: Wed Mar 05, 2008 1:26 pm
Location: uk

Re: UK Tax Return

Post by lindosfan1 »

If you have income in the UK (army, civil service pensions are an example) you cannot be non resident for tax purposes.
If you have untaxed income (Rent from property private income) you can be non resident and pay your tax in the country you are resident in. (Thailand). If you have tax from a private pension, shares that that can be claimed back and tax paid in the country you are resident in. State pension cis not taxed at source and tax is payable in your resident country.
The uk has tax agreements with vitually every country in the world. This is a very brief precis of very complex tax laws.
Woke up this morning breathing that's a good start to the day.
nanyang
Professional
Professional
Posts: 368
Joined: Fri Jan 30, 2009 10:05 pm

Re: UK Tax Return

Post by nanyang »

lindosfan1 wrote: Sun Nov 22, 2020 4:03 pm If you have income in the UK (army, civil service pensions are an example) you cannot be non resident for tax purposes.
Incorrect - I suggest you refer to 'Double Taxation arrangements centre for non-residents.'
lindosfan1
Deceased
Deceased
Posts: 4069
Joined: Wed Mar 05, 2008 1:26 pm
Location: uk

Re: UK Tax Return

Post by lindosfan1 »

nanyang wrote: Sun Nov 22, 2020 7:18 pm
lindosfan1 wrote: Sun Nov 22, 2020 4:03 pm If you have income in the UK (army, civil service pensions are an example) you cannot be non resident for tax purposes.
Incorrect - I suggest you refer to 'Double Taxation arrangements centre for non-residents.'
Incorrect as an ex army and civil servant and Thai resident I suggest you post a link. There are reciprical agreements, but not for government pensions,certainly when I lived in Thailand tax was payable in the UK.
Woke up this morning breathing that's a good start to the day.
nanyang
Professional
Professional
Posts: 368
Joined: Fri Jan 30, 2009 10:05 pm

Re: UK Tax Return

Post by nanyang »

lindosfan1 wrote: Sun Nov 22, 2020 7:40 pm
nanyang wrote: Sun Nov 22, 2020 7:18 pm
lindosfan1 wrote: Sun Nov 22, 2020 4:03 pm If you have income in the UK (army, civil service pensions are an example) you cannot be non resident for tax purposes.
Incorrect - I suggest you refer to 'Double Taxation arrangements centre for non-residents.'
Incorrect as an ex army and civil servant and Thai resident I suggest you post a link. There are reciprical agreements, but not for government pensions,certainly when I lived in Thailand tax was payable in the UK.
Have it your way - I'm not getting involved in tit for tat.

The link - I suffer from the CRAFT syndrome, cannot remember a f**k**g thing.
lindosfan1
Deceased
Deceased
Posts: 4069
Joined: Wed Mar 05, 2008 1:26 pm
Location: uk

Re: UK Tax Return

Post by lindosfan1 »

Not tit for tat, I asked for a link, or are you stating you are wrong?
Woke up this morning breathing that's a good start to the day.
lindosfan1
Deceased
Deceased
Posts: 4069
Joined: Wed Mar 05, 2008 1:26 pm
Location: uk

Re: UK Tax Return

Post by lindosfan1 »

Forget my last here is the link army civil service pensions are taxable in the UK
Woke up this morning breathing that's a good start to the day.
User avatar
Dannie Boy
Hero
Hero
Posts: 12261
Joined: Wed Jan 13, 2010 8:12 pm
Location: Closer to Cha Am than Hua Hin

Re: UK Tax Return

Post by Dannie Boy »

Just to add to the confusion, my pension is from a Private UK pension fund and I had non-resident for tax purposes status before receiving my pension, but it is still taxed in the UK.
User avatar
malcolminthemiddle
Guru
Guru
Posts: 592
Joined: Sat Mar 05, 2005 1:56 pm
Location: Here,there and everywhere

Re: UK Tax Return

Post by malcolminthemiddle »

If you have any type of UK sourced income you are obliged to submit an annual self-assessment tax return unless you have a letter of exemption from HMRC.

If you have property in the UK and register as an absent landlord the tenant or agent will be given permission by HMRC to pay your rent in full without any deduction for tax. You will however then be obliged to submit an annual self-assessment tax return.

Registering as an absent landlord does not reduce your tax liability per se. The tax due will be calculated on the basis of the self-assessment tax return you submit. The self-assessment tax return includes certain provisions to claim for numerous credits to reduce or even negate your tax liability. These credits include a personnel allowance on the grounds there is a double taxation treaty between Thailand and the UK. There is also a lump sum of £1000 towards costs associated with any rented property.

Non-residents are required to submit a hard version rather than soft version of the self-assessment tax return.

If you have UK sourced income of more than £12,500 per annum after all allowances and credits you will likely have a UK tax liability whether you are Resident or Non-resident.
User avatar
Dannie Boy
Hero
Hero
Posts: 12261
Joined: Wed Jan 13, 2010 8:12 pm
Location: Closer to Cha Am than Hua Hin

Re: UK Tax Return

Post by Dannie Boy »

malcolminthemiddle wrote:If you have any type of UK sourced income you are obliged to submit an annual self-assessment tax return unless you have a letter of exemption from HMRC.

If you have property in the UK and register as an absent landlord the tenant or agent will be given permission by HMRC to pay your rent in full without any deduction for tax. You will however then be obliged to submit an annual self-assessment tax return.

Registering as an absent landlord does not reduce your tax liability per se. The tax due will be calculated on the basis of the self-assessment tax return you submit. The self-assessment tax return includes certain provisions to claim for numerous credits to reduce or even negate your tax liability. These credits include a personnel allowance on the grounds there is a double taxation treaty between Thailand and the UK. There is also a lump sum of £1000 towards costs associated with any rented property.

Non-residents are required to submit a hard version rather than soft version of the self-assessment tax return.

If you have UK sourced income of more than £12,500 per annum after all allowances and credits you will likely have a UK tax liability whether you are Resident or Non-resident.
The only thing I would disagree with, is that you can submit a soft copy using third party proprietary software - I’ve done this for the past 8 years without a problem.


Sent from my iPhone using Tapatalk
User avatar
Big Boy
Moderator
Moderator
Posts: 45337
Joined: Fri Nov 04, 2005 7:36 pm
Location: Bon Kai

Re: UK Tax Return

Post by Big Boy »

I am really confused. My sole income is from the UK via my pension, which is payed and taxed by the Government. Do I have to tell them how much they've paid me and how much tax they've taken as per my P60, which they also send to me each year?

I've been reading this thread since day one, thinking that doesn't affect me, but the more I read, the more doubt you guys are planting in my mind. What would it achieve?
Championship Stoke City 3 - 0 Plymouth Argyle :cry: :cry: :cry: :cry:

Points 48; Position 20
User avatar
Dannie Boy
Hero
Hero
Posts: 12261
Joined: Wed Jan 13, 2010 8:12 pm
Location: Closer to Cha Am than Hua Hin

Re: UK Tax Return

Post by Dannie Boy »

Big Boy wrote:I am really confused. My sole income is from the UK via my pension, which is payed and taxed by the Government. Do I have to tell them how much they've paid me and how much tax they've taken as per my P60, which they also send to me each year?

I've been reading this thread since day one, thinking that doesn't affect me, but the more I read, the more doubt you guys are planting in my mind. What would it achieve?
My understanding is that if HMRC require you to submit a return they will tell you - they contact me every year, so I’m pretty sure you can sleep at night without worrying


Sent from my iPhone using Tapatalk
Robinhood
Specialist
Specialist
Posts: 190
Joined: Mon Nov 19, 2018 9:48 pm

Re: UK Tax Return

Post by Robinhood »

Hi Big Boy,

I'm no expert but I think in general if your income such as state pension plus any private pension exceeds your personal allowance, you would have tax to pay. There is also a quick check on the gov.uk website. see link

https://www.gov.uk/check-if-you-need-tax-return

Last year I didn't file a self assessment but since I started renting out a property it became necessary.
User avatar
Dannie Boy
Hero
Hero
Posts: 12261
Joined: Wed Jan 13, 2010 8:12 pm
Location: Closer to Cha Am than Hua Hin

Re: UK Tax Return

Post by Dannie Boy »

Robinhood wrote:Hi Big Boy,

I'm no expert but I think in general if your income such as state pension plus any private pension exceeds your personal allowance, you would have tax to pay. There is also a quick check on the gov.uk website. see link

https://www.gov.uk/check-if-you-need-tax-return

Last year I didn't file a self assessment but since I started renting out a property it became necessary.
In Big Boys case it isn’t about whether tax is due or not (he’s already confirmed his pension is subject to tax deductions) it’s whether or not he has to complete a self assessment. Going by the link you attached, if he has no other income then it looks like he doesn’t need to.


Sent from my iPhone using Tapatalk
User avatar
Big Boy
Moderator
Moderator
Posts: 45337
Joined: Fri Nov 04, 2005 7:36 pm
Location: Bon Kai

Re: UK Tax Return

Post by Big Boy »

HaHa - good answer. Just what I wanted to hear. :thumb:
Championship Stoke City 3 - 0 Plymouth Argyle :cry: :cry: :cry: :cry:

Points 48; Position 20
Post Reply