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Loan from parents in EU

Posted Sun, 05 Nov 2023 20:53:32 GMT by
Hi My parents (based in France and are French citizens) are looking to lend me some money that I would repay over x months to pay for a court case. It would not be any more than 20k. Do I need to declare that loan to.hmrc please? Thanks Regards OLI
HMRC Admin 20 Response
Posted Thu, 09 Nov 2023 08:33:48 GMT by HMRC Admin 20 Response
Hi Oli Baba2506,
No.  There is nothing to declare to HMRC.
Thank you.

 

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