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Where Taxpayers and Advisers Meet

Do I need to pay tax on the deferred bonus which was granted before I reside to UK?

LittleB
Posts: 9
Joined: Sun Apr 07, 2019 2:11 am

Do I need to pay tax on the deferred bonus which was granted before I reside to UK?

Postby LittleB » Thu Apr 11, 2019 4:37 pm

Dear all,

I moved to the UK from HK in Apr-2018. We are holding Tier One Entrepurence Visa and non-domiciled residences in the UK.

In Sep-2018 and Mar-2019, I received 2 deferred bonus which were from my previous employment in HK and I have resigned from that employment from May-2017.

May I know

1) do I need to file this foreign income in personal assessment?
2) am I liable to any foreign income tax?

Thanks in advance for your advise.

darthblingbling
Posts: 195
Joined: Wed Aug 02, 2017 9:09 pm

Re: Do I need to pay tax on the deferred bonus which was granted before I reside to UK?

Postby darthblingbling » Thu Apr 11, 2019 5:20 pm

Do the bonuses relate to any specific period?

LittleB
Posts: 9
Joined: Sun Apr 07, 2019 2:11 am

Re: Do I need to pay tax on the deferred bonus which was granted before I reside to UK?

Postby LittleB » Thu Apr 11, 2019 7:39 pm

The bonus was paid for my work done in the period between Apr-2015 and Apr-2017. I have resigned since May-2017 and then unemployed until Feb-2019.

Thanks

darthblingbling
Posts: 195
Joined: Wed Aug 02, 2017 9:09 pm

Re: Do I need to pay tax on the deferred bonus which was granted before I reside to UK?

Postby darthblingbling » Fri Apr 12, 2019 7:58 am

As it arose in a period where you were non resident, so long as there are no UK workdays in that bonus period, it shouldn't be taxable.

LittleB
Posts: 9
Joined: Sun Apr 07, 2019 2:11 am

Re: Do I need to pay tax on the deferred bonus which was granted before I reside to UK?

Postby LittleB » Fri Apr 12, 2019 9:03 am

Hi Darthblingbling

Thanks for your advice.


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