We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Tax on receiving money from abroad
Lewis108
Posts: 1 Newbie
in Cutting tax
Hi this is my situation , my friend in Zambia Africa wants to send me £20,000 , the money he has made from selling his truck . The bank of africa will only let him send the money if i provide a invoice from me stating the amount . Will I be taxed if I receive this amount even tho it's a gift because of the invoice. This is a tricky situation and if anyone has advice or facts that would be great.
Thanks.
Thanks.
0
Comments
-
I got a similar email but we t to my junk mail......
If you clearly say on the invoice that the amount is a gift then... Would assume is okay0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards