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Posted Sun, 24 Sep 2023 04:35:08 GMT by
Hi, I am currently living in South Africa, I do not have a UK bank account yet. What are the implications, if any, of transferring money from my bank account in South Africa to the bank account of a relative in the UK. The relative in the UK is a pensioner, will it affect them in any way, either their pension and/or tax wise?
Posted Tue, 03 Oct 2023 08:49:30 GMT by HMRC Admin 32 Response
Hi,

There are no tax implications but they may wish to advise their bank.

Thank you.

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