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FX remittance rebate

Answer
fishfishfish
Posted Tue, 08 Oct 2024 19:33:33 GMT by fishfishfish
Hi, I hope you are doing well. I have a foreign bank account which is multiple currencies integration account. There are HKD and USD. I purchased something by USD. Bank gave me cash rebate in USD, as far as I know, it should be non-taxable in UK. Please correct me if I'm wrong. Hence, the bank also gave me FX remittance rebate in HKD on the same day, is it taxable or non-taxable in UK? Thank you.
Answer
HMRC Admin 20 Response
Posted Fri, 18 Oct 2024 08:18:00 GMT by HMRC Admin 20 Response
Hi,
It is not really clear what you have - is it a rebate or actual trading in differenct currencies.
Thank you.

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