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Posted Mon, 13 Dec 2021 03:59:05 GMT by Irischu
Hi, Can you please advise if there is any tax implication if my mum who is not a UK tax resident transfers some money to my bank account?
Posted Mon, 13 Dec 2021 15:12:57 GMT by HMRC Admin 2
Hi,

There would be no tax due on this.

Thank you.
Posted Mon, 13 Dec 2021 15:34:32 GMT by Irischu
Thanks for the confirmation and now I am clear that there is no tax implication in this.
Posted Tue, 14 Dec 2021 06:12:28 GMT by Paraj Saxena
Similar question... My parents from India want to send me up to GBP 40,000 every year. Is there any tax liability on me while receiving this money? They are not (and have never been) UK residents. I am living/working in the UK on an ICT visa.
Posted Wed, 15 Dec 2021 15:20:29 GMT by HMRC Admin 19
Hi,

There is no Income Tax liability unless this generates interest in a bank account, at which point the interest may be subject to tax. 

Thank you.
Posted Wed, 07 Dec 2022 17:37:45 GMT by Supercosta2022
Similar situation: my mum will send me 35000 pounds this year from Brazil. Is there any tax liability on me while receiving this money? She is not a UK resident but I am. I have lived in the UK for over 27 years. Thank you in advance.
Posted Fri, 09 Dec 2022 10:02:32 GMT by
Hi Supercosta2022,

There are no income tax implications on the receipt of a cash gift unless the income generates interest or dividends.

These would then potentially be subject to tax.
  
Further guidance can be found here:

Tax on savings interest

Tax on dividends

Thank you. 



 

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