Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Declaring working holiday income

  • 03-10-2018 10:20pm
    #1
    onrail
    Registered Users, Registered Users 2 Posts: 1,068 ✭✭✭


    Advice or comment would be greatly appreciated! I've worked myself into a fuss (possibly about very little), but here goes:

    - I worked in the UK for the last few years, but left last July to go travelling;
    - I worked in New Zealand from September 2017 until June this year, during which I received a sum of tax back as I worked part - year
    - I've just returned to the UK where I've received another tax refund cheque from HMRC due to working part year in the UK last year.

    Where's the problem you ask? Well I guess, strictly, I should have declared my part year earnings in both countries?

    I'm hoping to transfer my NZ savings (about $40,000) home with me over the next few months, possibly with a view to putting towards a deposit on a house shortly.

    The question is, should I declare everything to the UK revenue and pay any extra tax due?(there is a double taxation agreement, but the refunds would be a problem); or
    Should I wait it out, plead ignorance and see what happens?

    How sharp are revenue (HMRC) likely to be with such a nominal issue?


Advertisement