Remittance basis clean capital and Interest on Fixed Deposit

Hi I have clean capital i a foreign bank. I want to put this into a Fixed Deposit in the same bank. I have the following questions; 1. On maturity, if the interest from this FD goes into a separate account and the capital goes into the original account, will the capital still be clean capital. 2. If the interest and capital go into the same original account, will the capital amount still be considered clean capital. Thanks Ron

Hi,

We are not sure what you mean by clean capital.  

Income transferred to the UK is taxable in the UK, so interest paid on maturity and transferred to the UK, is taxable.  

The capital element is not taxable, unless it is derived from income arising in the tax year it is brought to the UK.

Thank you.