sg437
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Importing wedding gift from abroad into UK
Hi, my mother wants to give me jewellery as wedding gift which is worth £3000 and a family heirloom. She lives abroad. If I travel back into the UK with the gift, do I have to declare and pay customs and VAT on it? -
Declare interest on foreign savings if not brought into UK
Hi, I have a foreign savings account which earns interest. However, I have not repatriated any of the interest income into UK. Do I still need to declare the interest income in the self assessment form under foreign income?