Skip to main content

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

Posted Wed, 06 Jul 2022 15:54:58 GMT by k.jordanmann
Is foreign inheritance reportable even if its held in a bank account overseas? Is so, what currency exchange rate is used to convert foreign payments into GBP?
Posted Thu, 07 Jul 2022 13:43:02 GMT by HMRC Admin 24

You would only report any interest/dividends that the inheritance generates.

Please refer to the exchange rate table attached:

Exchange rates from HMRC in CSV and XML format

Thank you.

You must be signed in to post in this forum.