Relocating back to the UK after living and working abroad. Will my savings be taxed?

Hi, I'm sure you've been asked this question a million times already by other people. But can you please help. I've been living and working in Singapore since 2014. I've got all my savings money in a Singapore local bank account. I have no UK assets / money in UK bank accounts and have only visited the UK once every 2 years for the Christmas holidays. I plan to move back to the UK with my family and want to move my entire savings in Singapore to a UK bank account in one big lump sum. The money has already been taxed by the Singapore tax authority. Will my savings (money) be taxed by HMRC if I do this? Thanks.

Hi PurpleElephants2207,
HMRC cannot comment on future events as legislation and/or plans may change.
Thank you. 
 

Hi, I’m planning on moving end of this month. Does that help you to share more? Thanks.

Hi,

There are no Income Tax implications regarding the transfer of funds from an overseas bank account to a UK account, but any interest or dividends generated may be taxable. You can see information here:         

Tax on savings and investments: detailed information

Thank you.

Ok. Thank you so much for assisting me. Thanks, Daniel