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Posted Tue, 26 Nov 2024 16:09:04 GMT by qv
Hi, I’ve moved to the UK, become a UK tax resident, and work remotely from the UK for an overseas company under a service agreement. The service charges are paid into a foreign bank account. Is this income considered UK income or foreign income for tax purposes? Thanks
Posted Wed, 27 Nov 2024 09:34:14 GMT by HMRC Admin 34 Response
Hi,
Please refer to guidance at:
Tax on foreign income
Thank you
Posted Wed, 27 Nov 2024 12:12:08 GMT by Clive Smaldon
Not HMRC...if you are self employed in the UK then this forms part of your turnover. If this is a contract of employment its an overseas contract and is foregn employment income, in which case employment pages and foreign pages to claim any tax deducted as FTC (if allowable under the DTA)

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