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Posted Fri, 05 Nov 2021 09:52:16 GMT by Andybrian
If £35,000 was sent to my bank account from China as a gift would there be tax implications and would this have to be declared on self assessment?
Posted Mon, 08 Nov 2021 09:36:14 GMT by HMRC Admin 17

There would be no income tax implications on this unless it accrued interest in the bank account in your name. 

Thank you.

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