Hi creative friends! Random one: how do you declare in your tax return money earned from foreign companies? It is foreign income?
When you charge a client based abroad for work you've done while in the UK, does that count as just overall income or foreign income for the HMRC?
Any help very welcome!
Replies4
- @Anna Negrini Thanks a million for the answer Anna, that's super helpful. As I was based in the UK at the time, I'll loop it into "normal" income then. Thank you so much!
- @ɐɹoᗡ ɐuu∀ ˥ Thank you so much for the answer, that's exactly what I was looking for and it makes sense. Truly appreciate it! :)
- I'd say if you're a UK self-employed and worked for them while in UK is part of the overall income. If you were based abroad as an employee might be foreign income, but always check with HMRC (their examples for foreign income are the following: wages if you work abroad, foreign investment income, rental income on overseas property, income from pensions held overseas)
- Hi Remi,If (I assume) you are self employed on a technical level you can go either way and there is no difference in paying the taxes. It can count foreign as who pays from abroad but it can count as normal as you weren't abroad between doing it. In both cases they will count into your overall income and you have to pay x amount tax on it, as long as you pay taxes kjust in one country there is no difference in how much ypu pay.
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