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 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.
  • 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.