You’re offline. This is a read only version of the page.
We are a group of 7 people who are going to Italy ; 2 of us are tax residents in the UK and the remaining 5 are based in India. I have done the initial booking for all 7 of us, and our friends will remit the expenses from India to our accounts in the UK.
Will there be any tax implication in this case since this is simply a reimbursement of the expenses incurred by us? Do I need any documentation from my Indian friends as proof that this is repayment of expenses and not income?
Any advice will be appreciated.