ccmc

I have a rather complicated question. If I make a time deposit before I became a UK tax resident, so the money used for the time deposit is Clean Capital. But I will get back the original money with interest after I beome a UK tax resident. If I seperate the interest from the original money, will the original money remain to be Clean Capital? Thanks.

Thanks for your reply. I know that when "clean capital" generates interest in an overseas bank account, the interest would be regarded as taxable in the UK. My question is that what should I do to prevent the "clean capital" becoming "mix fund" since the interest generated by the "clean capital" will be credited to the account comprising only the "clean capital" and change the "clean capital" into "mix fund". Regards,

I will also put all the income I earned before I become a UK tax resident into an account to setup Clean Capital. So if put my pension into the "Clean Capital" account, will this change the Clean Capital into a mix fund? Thanks.

My understanding is that "Clean Capital" is the foreign income that arose before I became a UK resident. And it is not taxable if remitted to the UK. I would like to ask that : 1) Monthly interest will be credited to the account comprising only the "Clean Capital". Will this turn the "Clean Capital" into "Mix Fund", so that it become taxable? 2) Can I transfer the monthly interest to another account in order to maintain the "Clean Capital" status for the income I gained before I become a UK resident? Thanks

Hi, I move from the UK to Hong Kong about 30 years ago. I would like to know that if I move back to the UK, is my pension under ORSO scheme (a lump sum payment) taxable in the UK?