Guidance: Ten things about offshore assets and income

Updated: Guidance updated at sections 4, 7 and 8 with the latest Requirement to Correct information.

Income is considered ‘offshore income’ if it comes from a territory outside the United Kingdom. It includes:

  • interest from overseas bank or building society accounts
  • dividends and interest from overseas companies
  • rent from overseas properties
  • wages, benefits or royalties earned outside the UK

Source: HMRC

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