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HMRC Admin 5 Response

HMRC Admin 5 Response

Joined: 8/20/2019

  • RE: Money transfer

    Tue, 16 Mar 2021 15:21:08 GMT – Money transfer
    Hello rrobotx1.

    There is no income tax implications when you move capital from one bank account to another or if you  make a cash gift. 
    You may wish to check with your bank  and/or  County in whick you are transferring the money from. 

    Thank You.

  • RE: Money transfer

    Tue, 09 Mar 2021 11:43:33 GMT – Money transfer
    Hello Konstantinos.

    There is no income tax implications changing your bank account, you may need to check with the bank on their rules.

    Thank You.

  • RE: Money transfer

    Wed, 17 Feb 2021 15:58:58 GMT – Money transfer
    Hello Xiang Li.
     
    For income tax purposes, you do not need to  notify us of your Capital  your bank account or if you transfer your money to a UK account.

    Thank You. 

  • RE: Money transfer

    Wed, 10 Feb 2021 15:28:01 GMT – Money transfer
    Hello cs535.

    You would not need to declare this to HMRC

    Thank You.