Benjamin de Schoenburg Waldenburg
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RE: Gift tax for cash gift from overseas
In addition to my post above, I'd like to understand if there would be any inheritance tax due on any cash gift from overseas. Thank you! -
RE: Gift tax for cash gift from overseas
Dear HMRC, My father lives abroad and has no ties to the UK. I am a UK resident. He will give me GBP 300'000.- by bank transfer in the next few months. Would I have to pay any tax on it? Thank you!