Foreign income in untied
untied supports only very limited sources of non-UK foreign income - if you have other sources then you will need to find an alternative way to file your tax return.
Specifically, untied does not support the form SA106 which is for foreign income.
We do support the following sources:
- UK income received in a bank account in another currency - eg if it's a Revolut or Wise account which can be linked to untied, this would be tagged as usual (eg business income or property income). It converts automatically to GBP based on the relevant HMRC exchange rate
- Foreign employment income that isn't taxable (this is part of SA101)
- Foreign employment income where no tax relief is being claimed for the country of your employment (add as a regular employer - put the description in the additional information when you submit your return)
- Foreign interest up to £2,000 (tag as interest - or add a manual transaction for the GBP amount - include details of the country in the additional information section when you submit your return)
- Foreign dividends up to £2,000 (tag as dividends - or add a manual transaction for the GBP amount - include details of the country in the additional information section when you submit your return)
- Foreign property income provided total property income (including any in the UK) is £1,000 or less - it is covered by the property allowance and does not need to be added to the tax return
You may also need to complete Residence, domicile and form SA109.
In untied you can also attach HS304 to claim back tax paid in the UK on interest from bank and building societies, royalties, most work pensions and annuities etc.
Background
Foreign income is a complicated set of filings to support with HMRC, with calculations that may need to be carried out and implications for tax in different jurisdictions. Technically we are able to make filings, but have decided that we will not be supporting foreign income sources other than in very specific areas. This also protects users with foreign income who may need more support than a software product can easily provide alone. Contact us if you have questions.