vkus99 Sung
Joined: 5/28/2024
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Gift money from India
Hi. I am an UK resident on a skilled worker visa. My father who lives in India has gifted approx 4000 GBP (converted amount from INR to GBP) to my brother who also lives in India. Now my brother wants to gift the same amount to my UK bank account towards my deposit for home. Will this have any tax implications or create any issue when getting a mortgage?