G Chiu
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RE: split year treatment
What is the maximum days to avoid paying overseas income tax by applying split year treatment. For example, I move in UK on 6 April 2024, then I don’t have home in UK or rent a flat there and no work till 4 April 2025 ( i.e. 364 ) then I rent a flat there on 4 April 2025. Can I apply split year dated on 4 April 2025, so that all my overseas income ( 6 April 2024 to 4 April 2025 ) no need to report to UK HMRC ? Thanks -
RE: Payments Received From Family Members
My wife and I retired in UK and my kids are working in UK. One has her own house and one is living with us. They both transfer cost of living to us monthly, in total around £3,500 per month. As they have paid tax of their income under PAYE scheme in UK, do I need to file tax return of these amount of money annually ? Thanks G Chiu