Nella

I am a tax resident in the UK and hold listed Chinese and US company shares. When I receive dividend payout from these China companies or US companies, they will charge withholding tax of 10% and 30% respectively. In other words, for every $100 dividend, withholding tax of $10 will be charged by China company and $30 charged by US company for their tax authorities. 1) Do I need to report the dividend income of $90 and $70 to HMRC for self assessment or tax return? 2) If yes for (1), can I claim any tax exemption for these reported income (total $160) as I have already been taxed in China and US? Any max amount of tax exemption?

Is dividend payment of Unit trust made by way of extra unit, instead of cash, subject to U.K. tax? How to account for the value?

This is not a pension. A private insurance plan that consists of life insurance and saving element. Lump sum payout will be made to owner when it reaches, say 10, 15 and 20 years. The life insurance portion will continue to enforce

If I arrived U.K. in July this year and stayed here for more than 183 days, I presume to be a U.K. tax resident for the year 2022/23. 1) Would my salary earned, dividend received, investment gain between April and June in HK be subject to U.K. tax or tax free? 2) Do I need to report the items in (1) above in the U.K. tax return / self assessment? 3) Being a tax resident, am I only taxed for any income earned from the date I arrived U.K. or the whole year including the date before arrival (which is April to June)?

I bought an insurance saving plan in HK for many years. If I become a U.K. tax resident, when I receive any payout of the HK insurance policy, either periodic payment as stated in the policy or money from surrender of policy, are these payment subject to any U.K. tax?

If I am a U.K. tax resident, Gain on shares investment is subject to capital gain tax. Can my shares trading loss be set off with trading gain before paying capital gain tax?