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Posted 24 days ago by Manish Chowdhary
Hi There, I am a non-domiciled UK resident. I have been holding shares in India. These shares have been at a loss for almost two years, and I want to sell them and get the capital to the UK. I believe there are tax implications in remitting money earned abroad, However, would this criterion apply even when you have a -ve earning?
Posted 15 days ago by HMRC Admin 19 Response
Hi,
You can see guidance here:
Paying tax on the remittance basis (Self Assessment helpsheet HS264)
Thank you.

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