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Sam, Accountant
Category: Tax
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In the tax year 2015/15 I receviced a payment due from an

Customer Question

In the tax year 2015/15 I receviced a payment due from an overseas fund. Am I liable to pay tax on it?
Submitted: 1 year ago.
Category: Tax
Expert:  bigduckontax replied 1 year ago.

Hello, I am Keith, one of the experts on Just Answer, and pleased to be able to help you with your question.

It is possible that this income is taxable, but without more information as to the nature of the fund, the country from which it originates and whether that country has deducted tax therefrom and at what rate i am a little in the dark. Could you please expand upon your query?