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Posted Mon, 14 Oct 2024 04:30:38 GMT by Stoo
Hi - I am a U.K. Citizen but have been living and working overseas for 30 years. I am now retired, and am considering moving back to the U.K. I would like to know if transferring my savings back to the U.K. will incur any additional taxes ? And is there a limit on how much I can transfer. All local taxes in the country of residence are paid. Thanks
Posted Tue, 22 Oct 2024 12:45:27 GMT by HMRC Admin 19 Response
Hi,
You will not be liable on the transfer of the capital but any interest or dividends that this then generates is taxable income.
Thank you.

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