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Where Taxpayers and Advisers Meet

UK-Japan Double Taxation Agreement

johnny1964
Posts:1
Joined:Wed Nov 01, 2023 5:56 pm
UK-Japan Double Taxation Agreement

Postby johnny1964 » Wed Nov 01, 2023 5:59 pm

I am considering re-locating from UK to Japan in 2024 but will retain some UK-generated income (rent, dividends, interest). I understand there is a UK-Japan Double Taxation Agreement. Eg: if I earn £5k UK income (below the personal tax allowance) and £25k in Japan, how would this arrangement operate? Eg: would the £5k be untaxed in UK but form part of total income in Japan?

darthblingbling
Posts:679
Joined:Wed Aug 02, 2017 9:09 pm

Re: UK-Japan Double Taxation Agreement

Postby darthblingbling » Thu Nov 02, 2023 9:38 am

If you're a UK citizen you should retain your personal allowance and essentially if non resident and UK sources income is below the PA then no tax should arise here, but conversely may all be taxable in Japan.

If any tax was due in the UK then likely you'd get a foreign tax credit in Japan for the tax paid on the same income.


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