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Foreign exchange tax

Answer
Fred Kwok66
Posted Thu, 07 Nov 2024 19:42:01 GMT by Fred Kwok66
Before I was a UK tax resident I had 100000 USD in a Hong Kong bank account, and an exchanged it to GBP back to USD and had a gain, do i need to pay tax on this?
Answer
HMRC Admin 17 Response
Posted Tue, 12 Nov 2024 12:43:05 GMT by HMRC Admin 17 Response


Hi ,
 
If this was only for personal use then no  .

Thank you .

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