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Posted Mon, 26 Aug 2024 09:49:43 GMT by vedam.sunil
Hi I have been transferring savings from salary in UK after paying all taxes in UK to my account in India. Now I want to bring that money back to UK to purchase property. What are my tax implications? This money in India is also subject to tax deductions at source as per the law. Please advise.
Posted Fri, 06 Sep 2024 08:29:24 GMT by HMRC Admin 20 Response
Hi,
There is no tax on the actual capital that you transfer, however the interest should have been declared here if you are UK resident and domicile.
Thank you.

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