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Tax Filing Inquiry - Remittance Basis vs. Arising Basis

Posted Tue, 20 Jun 2023 14:41:08 GMT by
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HMRC Admin 25
Posted Fri, 23 Jun 2023 08:52:02 GMT by HMRC Admin 25
Hi severalparty,
You will both need to file separate tax returns and guidance is available here: 
Paying tax on the remittance basis (Self Assessment helpsheet HS264)
here is no tax implication on the monetary gift.
Thank you. 

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