Self assessment foreign tax credit??? Anyone know??

jennifernil

I would say he has paid more tax in Norway than he would do here (par for the course), but he cannot get the surplus back here I'm afraid.

jennifernil

shamac wrote: »

It is some kind of benefit on form p11d it is in box m and says Norway-net credit ameded sept ???

That could be his travel tickets? Taxable in Norway apparently. I don't know how that is treated here.

shamac

Do I need to do the claculation for foreign tax credit relief or is that figure £5011?

jennifernil

It could be like being paid to travel to your office here, which is taxable. I think you need to ask HMRC on that one.

You may need to enter that as additional income. You need to ask HMRC

jennifernil

You claim the tax paid in Norway ( 22188) as the relief.

Was he paid/reimbursed the 5011?

shamac

Thank you so much i have been past myself trying to work that out-i would buy you a big drink if i could :beer:

huge thanks

Sharon

jennifernil

In am puzzled as to why the first tax deducted figure is different from the tax credit relief figure........by about the 5011.

jennifernil

shamac wrote: »

Thank you so much i have been past myself trying to work that out-i would buy you a big drink if i could :beer:

huge thanks

Sharon

Well, I hope it is correct!! You have put in the figures they told you to use, so presumably it should be.

Did you enter the 5011 as a benefit? Even if it is, he has still paid enough tax.

shamac

thats what i dont understand he has only actually paid out £17176 in tax (from his payslip) and they seem to have paid the rest-which is £5011- as a "foreign taxable benefit"? He doesnt actually pay this at all? This is why i was so confused.

jennifernil

Yes, I was just thinking that. Maybe you need to enter the 5011 as a benefit so it is added to his pay for the tax here.

Can you ring these people and ask them what it is all about?

Do the figures add up to his nett pay?