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Posted Thu, 29 Feb 2024 19:19:09 GMT by Phuong Ho
I am withdrawing my investment profit using third party bank in London to my US bank account.Do i have to pay tax for it? If yes, do i to pay tax prior for the money to send to my account. Or can it be deducted from the profit?
Posted Fri, 01 Mar 2024 15:13:58 GMT by HMRC Admin 25 Response
Hi Phuong Ho,
Please can you provide more information so we can give you an answer.
Thank you.
 
Posted Fri, 01 Mar 2024 15:25:52 GMT by Phuong Ho
I just wondering about if i have to pay tax for it. Since the bank that i requested for my withdrawal is in London.
Posted Tue, 05 Mar 2024 09:03:48 GMT by HMRC Admin 8 Response
Hi,
Can you please advise the following:
1. Is the fund in the UK?
2.Are you a UK resident?
Thank you.
Posted Tue, 05 Mar 2024 11:25:46 GMT by Phuong Ho
Yes. The fund is in UK And im im US resident
Posted Wed, 06 Mar 2024 15:06:00 GMT by HMRC Admin 8 Response
Hi,
Please refer to:
Tax on your UK income if you live abroad
Thankyou.
Posted Fri, 08 Mar 2024 20:53:16 GMT by Phuong Ho
Is there a backlog happening now? I’ve told take weeks to process my payment.
Posted Wed, 13 Mar 2024 09:09:00 GMT by HMRC Admin 19 Response
Hi,

For advice on the progress of your specific repayment request, please contact our Income Tax team.

Income Tax: general enquiries

Thank you.

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