Moving foreign investments over to UK - anyhting to declare?

Hi, I'm currently have investments abroad, for which I complete a self assessment every year to declare the income from those investments. I'm now reviewing the situation and thinking about moving the money to the UK and investing it here. Do I have to declare anyhting else, other than the income made with this money? Also, when I move the money over to the UK, I will have cost for transfer and currency changes. Can I clame this cost back in my Self Assessment? Many thanks in advance hermest

Hi

No you dont need to declare the transfer of the capital. You cannot claim expenses for the cost of the transfer or currency exchange.

Thank you


 

Hi, many thanks for the response, that is very helpful. regards hermest