PAYE81057 - PAYE operation: double taxation claims submitted by non resident individuals: example of remittance calculation
Different countries have different fiscal years.
Where a claim is received which has not specified the income is remitted for a UK tax year (April to April), you can assume that the income has been remitted to the overseas country in respect of that country’s fiscal year.
Only when a new claim is received which shows that the income remitted to the overseas country of residence differs each tax year, will you need to calculate the exempt amount for each tax year.
Example 1
Calculating relief due for first year DT relief applies
- Individual resident in Malta where the tax year runs from 1 January to 31 December
- Pension commenced prior to departure from UK
- DT relief available from 1 January 2008
- £8,000 remitted to Malta between 1 January 2008 and 31 December 2008
In order to calculate remitted amount for 2007-08, follow step 1
Step 1
Calculate the amount remitted from 1 January 2008 to 5 April 2008 as follows
- In Excel open SEES - other calculators + forms + NPPS - dates calculator
- Select time apportionment
Base Period
- ‘From’ date is 1 January 2008
- ‘To’ date is 31 December 2008
Amount
- 8000
Apportionment Period
- ‘From’ date is 1 January 2008
- ‘To’ date 5 April 2008
Apportioned Amount
- 2098
The figure shown as the ‘apportioned amount’ is the amount not liable to UK income tax for the UK tax year 2007-08. This amount should be entered as the Foreign Pension Allowance for 2007-08. Print a copy of the calculation.
Example 2
Calculating relief where amount remitted overseas varies each year. Where a claim is received that shows a different amount is remitted overseas each year, the amount of DT relief needs calculating for each year accordingly
- Individual resident in Malta
- Pension commenced prior to departure from UK
- DT relief available from 1 January 2008
- £8,000 remitted to Malta between 1 January 2008 and 31 December 2008
- £9,000 remitted to Malta between 1 January 2009 and 31 December 2009
To calculate remitted amount for 2007-08, follow step 1 of Example 1.
To calculate remitted amount for 2008-09, follow steps 2 and 3 below.
Step 2
Calculate the amount remitted from 6 April 2008 to 31 December 2008 as follows
- In Excel open SEES - other calculators + forms + NPPS - dates calculator
- Select the time apportionment tab
Base Period
- ‘From’ date is 1 January 2008
- ‘To’ date is 31 December 2008
Amount
- 8000
Apportionment Period
- ‘From’ date is 6 April 2008
- ‘To’ date is 31 December 2008
Apportioned Amount
- 5902
The resulting figure shown as the ‘apportioned amount’ is the amount not liable to UK income tax for the UK tax year from April 2008 to December 2008. Print a copy of the calculation.
Step 3
Calculate the amount remitted from 1 January 2009 to 5 April 2009 as follows
- In Excel open SEES - other calculators + forms + NPPS - dates calculator
- Select time apportionment tab
Base Period
- ‘From’ date is 1 January 2009
- ‘To’ date is 31 December 2009
Amount
- 9000
Apportionment Period
- ‘From’ date is 1 January 2009
- ‘To’ date is 5 April 2009
Apportioned Amount
- 2336
The total remitted during 2008-09 is £8,238 which is the total sum of the calculations from steps 2 and 3. This amount is to be entered as Foreign Pension Allowance for 2008-09.