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Tax abroad

Posted Sat, 27 May 2023 18:29:27 GMT by
Hi I am living and paying tax in England. I want to transfer €7000 from my Spanish banking account to my English banking account.Do I need to declare the money or pay tax in UK for that money?
HMRC Admin 25
Posted Wed, 31 May 2023 14:54:48 GMT by HMRC Admin 25
Hi Victor87,
You do not need to declare the  transfer of the capital.
You will need to declare any interest received and this applies to the UK and Spanish accounts.
Thank you. 

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