Hello All,
I am not sure how to go about it all, so putting it all out there. In the hope that someone can guide me.
I have been working onboard the cruise ships in the US for the last 2 decades, this income was tax free, so I never paid any taxes in the US. I am a citizen of India and have paid taxes on capital gains only on investments in my home country.
I moved from the US, to UK in April 2014. I finally started work here in Nov. 2014 and started paying taxes in UK
My questions are ..
1) I have just received my retirement for 23 years of work in Feb. 2015 and it is now in a bank in the US. Before I move it to the UK, I wanted to be sure I do not end up paying taxes or messing myself up. This is not a recent income, it was due since I left my work, but finally materialised. This I presume should not be taxable?
2) My uk taxes are deducted directly at work now, Should I be keeping track of any expenses like uniform expenses or some other education related expenses and can I claim refund on it at the end of the year? How do I go about it? Sorry, If this is a very basic question, I have just not paid taxes before this job or claimed back any amounts before. Any good sites to advise re. this?
Regards
AK