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Transfer of savings

Posted Thu, 06 Jul 2023 08:35:34 GMT by
I have recently move to UK and would like to move my savings from Malta to UK. Tax on savings have already been paid in Malta. Please confirm that tax will not be charged in the UK for moving savings to UK bank.
HMRC Admin 20
Posted Wed, 12 Jul 2023 13:46:12 GMT by HMRC Admin 20
Hi Joglen,

There is no income tax liablity on transferring savings from Malta to the UK.

Thank you.

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