Discussion
I've been completing the form for some 20 years now. Maybe familiarity makes it easier but, assuming there's nothing special about you and your financial affairs, the form is easy to complete in my view.
There's only a few boxes and its self evident what you need to insert.
In Part 1, at Q1 insert your name or the organisation, usually the former. At Q2 if you're completing the form as an individual insert "n/a"
Note that in Part 1 Q3 you need to tick the right response, usually the one marked "Individual".
At Q7 insert your UK tax code reference number in full, assuming you're in the UK and liable to UK tax.
Make sure you tick the right box in Part 2: usually this means box 9a and inserting "United Kingdom".
Other than that where's the difficulty?
I assume that it's an organisation based in the USA that has sent you the form. If you do not complete it you will be liable for a higher rate of tax witheld before the net payment is paid to you. Whatever tax is witheld you can claim it back when completing the Foreign Section of your UK tax return.
R.
There's only a few boxes and its self evident what you need to insert.
In Part 1, at Q1 insert your name or the organisation, usually the former. At Q2 if you're completing the form as an individual insert "n/a"
Note that in Part 1 Q3 you need to tick the right response, usually the one marked "Individual".
At Q7 insert your UK tax code reference number in full, assuming you're in the UK and liable to UK tax.
Make sure you tick the right box in Part 2: usually this means box 9a and inserting "United Kingdom".
Other than that where's the difficulty?
I assume that it's an organisation based in the USA that has sent you the form. If you do not complete it you will be liable for a higher rate of tax witheld before the net payment is paid to you. Whatever tax is witheld you can claim it back when completing the Foreign Section of your UK tax return.
R.
The Leaper said:
I've been completing the form for some 20 years now. Maybe familiarity makes it easier but, assuming there's nothing special about you and your financial affairs, the form is easy to complete in my view.
There's only a few boxes and its self evident what you need to insert.
In Part 1, at Q1 insert your name or the organisation, usually the former. At Q2 if you're completing the form as an individual insert "n/a"
Note that in Part 1 Q3 you need to tick the right response, usually the one marked "Individual".
At Q7 insert your UK tax code reference number in full, assuming you're in the UK and liable to UK tax.
Make sure you tick the right box in Part 2: usually this means box 9a and inserting "United Kingdom".
Other than that where's the difficulty?
I assume that it's an organisation based in the USA that has sent you the form. If you do not complete it you will be liable for a higher rate of tax witheld before the net payment is paid to you. Whatever tax is witheld you can claim it back when completing the Foreign Section of your UK tax return.
R.
For someone who isn't accustomed to filling out forms like this the verbiage isn't the easiest to understand. Your simple notes are actually a helpful aid, which echo an online guide I'd been referred to by my bank.There's only a few boxes and its self evident what you need to insert.
In Part 1, at Q1 insert your name or the organisation, usually the former. At Q2 if you're completing the form as an individual insert "n/a"
Note that in Part 1 Q3 you need to tick the right response, usually the one marked "Individual".
At Q7 insert your UK tax code reference number in full, assuming you're in the UK and liable to UK tax.
Make sure you tick the right box in Part 2: usually this means box 9a and inserting "United Kingdom".
Other than that where's the difficulty?
I assume that it's an organisation based in the USA that has sent you the form. If you do not complete it you will be liable for a higher rate of tax witheld before the net payment is paid to you. Whatever tax is witheld you can claim it back when completing the Foreign Section of your UK tax return.
R.
Good to know about the opportunity to claim back, though I don't complete a tax return at this point in time.
Thanks for your help.
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