Transferring non UK Income to UK Bank Account

Hi. If someone is living permanently overseas as a non UK tax resident, are they allowed to send monies obtained abroad to their UK relatives, which would be UK bank accounts, without any tax repercussions? Thanks.

Hi Prof Rogers,
Yes as this would be seen as a gift,
Thank you 

 

Hi, following up on this one with a more detailed scenario.... If someone was abroad and they sold say crypto tokens or shares (as a non tax resident of UK) and the gains went direct from the crypto exchange to a UK Bank Account ..... I am guessing that this would still be seen as a gift, for the reason that the taxable event is the actual sale of the token/shares, NOT the bank transfer of the gains. Thanks.

Hi,

If you are not UK resident and you dispose of non UK assets, there is no UK capital gains arising.  There is nothing to prevent you from transferring the disposal proceeds to the UK, as it is

capital.  Any UK interest arising on the transfer is taxable and should be declared.

Thank you.