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Tax on transferring investments by relative?
Bonee
Posts: 4 Newbie
in Cutting tax
Hello
I am new to the UK came here this year to study here from the EU (Hungary).
My grandmother who is also a Hungarian resident owns something like below 100k pounds in shares at a UK investment firm. She would like to transfer the shares to my name and I want to know if is there anything to watch out for taxation.
As for me I am a full time student now.
I am new to the UK came here this year to study here from the EU (Hungary).
My grandmother who is also a Hungarian resident owns something like below 100k pounds in shares at a UK investment firm. She would like to transfer the shares to my name and I want to know if is there anything to watch out for taxation.
As for me I am a full time student now.
0
Comments
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You are a student. You know how to research. Try researching.
Type tax on gifts in this section of this website.0 -
You may want to look at the SRT to see if you are UK resident at all and the tax rules in Hungary for both you and your relative.0
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