Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Sun, 18 Aug 2024 17:20:35 GMT by Marco
I bought some shares from a broker few years ago, in Hong Kong. last year I became a UK resident, I intend to sell off my stocks and transferring the money (possibly with realised gains from stocks) to my UK account. Do this trigger capital gains tax? Do I need to self declare to HMRC on anything? Also, what if when I selling off my stocks, I was losing money(no capital gains), would the procedures be different? Thank you
Posted Mon, 02 Sep 2024 08:42:18 GMT by HMRC Admin 21 Response
Hi Marco,
Yes you will need to report the gain as you are transferring the funds.
Thank you.

You must be signed in to post in this forum.