Nickray633
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RE: Cash gift from parents outside UK
Hello I am an international student in the UK from India, my sibling who lives in Canada is thinking of send me money from his bank account. I would like to know if my sibling transfer £50k, how much tax do I have to pay on it and how can I declared that money to HMRC? -
RE: Cash gift from parents outside UK
Hello I am an international student in the UK from India, my sibling who lives in Canada will send me money from his bank account. I would like to know if there's any limit/threshold on how much money he can sent to my bank account also is there any limit on how many times he can transfer the money in an year without any tax imposed on it?