Thanks for your response
You did the right thing and most experts would leave the question for me - but Just Answer has a 15 minute rule, that if the expert requested is not available then other experts can see if they can assist instead, but its you, the customers prerogative to decline and await your chosen expert.
You can call me - it would involve me providing you with a telephone request - although I am sure you cab appreciate we would need to agree a mutual time - but lets see if we can manage your clarifications here
- My fathers UK company continues to pay me a PAYE salary since I have been in the UAE. My fathers company will continue paying me a salary simply becuase he wants to give me a monthly maintenance even though I do very little work for him. Does this in itself do anything regarding the SRT and automatically classifying me as UK resident? Maybe through having a sufficient tie back to the UK?
HMRC would NOT treat this allowance but a salary and as it is paid from the UK and NOT connected with your work abroad - it would be far better if your father had simply paid you an allowance from his personal bank account to yours - as just an allowance, but as it comes via his company as a PAYE salary - the fact you are abroad could render is free from UK tax, on the basis that maybe none of your "duties" (as scant as they are) are conducted in the UK - but this income would need to be declared on the self assessment tax return .
This creates one tie as does the ownership of the property - which merely then looks at how many days you could have spent in the UK before being treated as NOT RESIDENT for UK tax purposes - which then links in with whether you are liable to UK tax on worldwide income. BUT as you spent less than 90 days in the UK none of which are for work purposes then the income earned from the UAE can NOT have a UK consideration (and you need not declare this) and your entitlement to UK personal allowance 0 if you are a UK citizen or are of birthright from one of the countries we have a double taxation agreement with (or part of the EEA) will render you still eligible for UK personal allowances, which can be offset against the UK Rental income
You then ask
I've taken your response as meaning my Self Assessment tax return should also declare the money my fathers company pays me. How do I this? I thought because its PAYE there is no need to mention on the Self Assessment as I am payrolled on his company, just like any other employee of his is, and the salary is taxed at source
Self assessment is all about total declaration of income - so whilst your PAYE salary may well be taxed at source, so you would declare the PAYE salary and the UK rental income as these remain as ARISING in the UK, its only due to your NON RESIDENCY that the foreign income you earn abroad, whilst living abroad that need not be declared in the UK as it is rendered as NOT liable to UK tax.
You then ask
Can I amend an already submitted tax return i.e. 2014/2015?
And the answer is yes you can and you should
2) You then ask
Can I retrospectively go back now and amend 2014/2015 Self Assessment to complete the Residency Page without penalty? At the time of submitting 2014/2015 tax return I had no idea I was going to be out of the UK for a full tax year. So if I am able to go back and amend the 2014/2015 tax return Residency page, I am effectively qualifying I have now been out of the UK for over a full tax year and the UAE salary is not liable to UK tax?
Yes you can however the omission of the PAYE salary which Oslo needs amending (to include) may create a penalty charge - as this should have been declared BUT HMRC should render this free from UK tax if none of the duties (however scant) were performed in the UK
And yes you are right the UAE salary should NOT be liable to UK tax as mentioned above.
3) If you feel a chat would still be useful - we can perhaps arrange something when we are both available - so let me know if this would suit you (there would be an additional charge I am afraid as per Just Answer policy, but I could give you my number and you could call me directly
40 Yes I have a good knowledge of Inheritance Tax for future reference but some of this may need financial advsie alog with it for which I am NOT an expert in and additional advsie would be needed for this element of it.
Have a good weekend, let me know if you need anything else. If you have all that you need however, then it would be appreciated if you could rate me for the level of service I have provided (or click accept)
You then ask