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Posted Thu, 04 Apr 2024 13:33:33 GMT by Martins Family
Good afternoon Sir/Madam, Do BNO Visa holders from Hong Kong have to pay taxes on their savings, insurance and fixed assets in Hong Kong if they arrive in the UK on the 3rd of April, 2024? Do they have 5 years that are fax-free to transfer all their foreign income to the U.K.? Thank you 

Name removed admin .
Posted Mon, 15 Apr 2024 11:41:52 GMT by HMRC Admin 19 Response
Hi,

You can see guidance here, in conjunction with the double taxation treaty with Hong Kong:

Paying tax on the remittance basis (Self Assessment helpsheet HS264)

Tax treaties

Thank you.

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