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Posted Mon, 17 Jun 2024 20:22:11 GMT by Venkata Pampana
I have been working in UK from last two years and even before that I was on deputation in UK for many years and earned my savings after paying tax in UK, and transferred my savings to India. Now I am planning to buy a house in UK. So, I want to get back my savings from India to UK. For this, do I have to pay any tax or additional fee as I have already paid tax on my earnings in UK?
Posted Tue, 18 Jun 2024 13:49:18 GMT by HMRC Admin 17 Response

Hi .
 
You will not pay tax on the transfer of the capital but any interest or dividends that this then generates is taxable income .

Thank you .

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