75 Whitchurch Road, Cardiff CF14 3JP
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Hong Kong operates a territorial tax system, but if you're a UK tax resident you may still need to declare Hong Kong income and assets to HMRC.
You work for a company in Hong Kong
You run a business in Hong Kong
You own property in Hong Kong
You have investments or bank accounts in Hong Kong
You receive dividends or interest
You have moved between Hong Kong and the UK
UK residents must declare their worldwide income and gains to HMRC. Income not taxed in Hong Kong can still be taxable in the UK.
| Income Type | UK Tax Treatment (Summary) |
|---|---|
| Hong Kong employment income | Taxable in the UK if you are a UK tax resident |
| Hong Kong business profits | Taxable in the UK; claim credit for Hong Kong tax paid |
| Hong Kong rental income | Taxable in the UK; claim credit for Hong Kong tax paid |
| Hong Kong interest & dividends | Taxable in the UK; claim credit for Hong Kong tax paid |
| Gains on Hong Kong property | UK CGT may apply; credit for Hong Kong tax paid |
We'll help you understand your UK tax obligations.