Other overseas income and gains

This section is accessed via the Data Input tab within the tax return and is used to input miscellaneous items for the foreign pages.

• Gains on disposals of holdings of offshore funds – enter the amount of the income received when disposing of the interest in an offshore fund. If the disposal should be treated as a gain rather than income then it should be entered in the Capital Gains section.Also use this field for income payments from a non-resident trust. See HMRC helpsheet 262 Income and benefits from transfers of assets abroad and income from non-resident trusts.

• Benefits received from a person abroad – enter the value of any benefits received from a person abroad.

• Benefit received from protected income source (added from 2022)

• Gift of protected foreign income (added from 2022)

• Benefit received as settlor (added from 2022)

• Onward gift received as settlor (added from 2022)

• Other income omitted because of exemption from transfer of assets – enter the sterling value of income omitted.

Additional text note for Tax Return

Enter any additional information you wish to appear in the white space of the tax return.