Skip to main content

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

Posted Sun, 23 Oct 2022 12:25:33 GMT by Alienlgm
Dear HMRC, I am a BNO(Visa) holder and resident in UK now(landed UK in Oct 2021 with husband). I am going to transfer half of the money in my saving account to my husband's bank account. Does he need to declare this and pay any tax for it?
Posted Wed, 26 Oct 2022 10:37:04 GMT by HMRC Admin 17


There is no tax liability arising from the transfer of money or assets from one spouse to another or from one civil partner to another.

Thank you.

You must be signed in to post in this forum.