vag0st

Hello, I'm planning to make a part-repayment towards my Help to Buy equity loan and wanted some clarification regarding receiving funds for this, from abroad. I may transfer £10,000 from my account abroad (in Greece) to my UK account, or my parents may wish to give me the same amount as a gift. The money has already been taxed in Greece, and it would be transferred via a regular bank transfer. Could you advise if there are any limits or tax implications I should be aware of? I’ve read that as long as the money doesn’t generate interest, it shouldn’t be taxable. Does this mean that if the funds are transferred into a regular current account (not a savings account), no tax would be applicable? However, if I were to invest that money, I understand that I would then be liable to pay taxes on any gains. Additionally, are there any bank-related issues I should be aware of when transferring from abroad or receiving funds from family? Thanks in advance for your help.