Selling 2 tickets to Dialled in London on 30th May. Both tickets are entry before 3:30 PM.
For convenience, Twickets link here at retail price. Make me a reasonable offer!
Selling 2 tickets to Dialled in London on 30th May. Both tickets are entry before 3:30 PM.
For convenience, Twickets link here at retail price. Make me a reasonable offer!
Moved to the UK in 2024 and have been made aware of the changes in the tax regulations for people who are tax residents outside of the UK. Understood that the domicile status no longer applies and any income earned in India still needs to be disclosed via a UK self assessment return even if tax has been paid on the same in India.
My situation: I only earn interest income on savings and dividends from equity investments in India. The sum of these would definitely be lower than £2000 annually and is not remitted to the UK. (not sure if this number matters anymore?)
I haven’t filed a self assessment return before but I think I would need to, based on the above. I’m just conscious of not wanting to pay additional tax, but I don’t think I would considering the DTAA? Im in the 40% tax bracket if that helps so I don’t know if I would still be expected to pay additional tax in the UK.
Would I need to file a return once I have the exact amounts disclosed via my indian ITR for FY25-26?
Thanks in advance!