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Bringing Money to UK fron within EU
Urbanlife
Posts: 1 Newbie
in Cutting tax
Hello,
I'm Italian but now an UK resident.
I would like to bring my savings to the UK from my bank account in Italy.
Do I have to pay any tax to HMRC on them?
Many thanks in advance for your help!
I'm Italian but now an UK resident.
I would like to bring my savings to the UK from my bank account in Italy.
Do I have to pay any tax to HMRC on them?
Many thanks in advance for your help!
0
Comments
-
If you have filed tax returns on the arising basis since you arrived in the UK there should be no extra UK tax. If you have filed on the remittance basis you will owe UK tax on the remittance of non-UK income and/or gains to the UK.0
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