Thanks for your question - I am Sam and I am one of the UK tax experts here on Just Answer.
You will complete both the foreign income page and employment page for this consultancy work - and if your expenses were wholly and exclusively in the performance of your duties then you will declare this as benefits within employment so its initially added to your income - but then void it out by claiming expenses for the same amount.
Then you also will have the self employment section for your business which you advsie was NIL profits.
I hope this sheds light on the situation
Thanks for your response
Its just employment as you are not an official and exempt- and you are p[aid a salary and travel expenses (so its not self employment)
No the claim for expenses and the benefits paid go on the employment section as indicated above
You advsie that your payslips indicate in sterling - but if you had any payments such as the expenes paid USD then use the conversions rates here (HMRC prepared)
And convert each payment at the appropriate paid date
For the salary you will complete BOTH the foreign and the employment (and on the foreign section indicate you had employment)
Then on the employment section you add those expenses in as taxable benefits and then ALSO add them in as business travel and subsistence expenses (as these will remin tax free IF incurred through the performance of your duties) so almost right!
Do let me know if I can assist further - but it would be appreciated if you could rate me for the level of service I have provided (or click accept)
Yes - spot on ! Then you can show it came in from abroad - as per the forein declaration and that it was to be treated as employment on the employment page - and IF you suffered any USA tax deductions then you can claim this as a credit on the foreign tax section (as we have a double taxation treaty with the USA)
If you paid no USA tax - then no tax suffered to declare and it will all be treated as taxable (less your entitlement to personal allowances) to UK tax