Louise kelbie
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RE: Money earned overseas in tax free country
I just transferred a lump sum of money/salary at 0% tax to the UK from the Middle East below £20,000 - is this taxable or can it be saved in a UK bank? Thanks -
RE: Money earned overseas in tax free country
I’m sorry, I still don’t understand, if I transfer my money to the UK do I need to pay tax on it even though it was earned abroad in a non-taxable country? Thank you for the help -
Money earned overseas in tax free country
I work in the Middle East and hoping to have a lump sum of savings in the next 2 years to help me with a deposit for a home. If I transfer this to a UK bank account what do I need to declare, is this then taxable in the UK even though earned in a non-taxable country? Also, child maintenance I send to my ex for our daughter, does he have to declare any of this? Thanks.