Joe Pullely
Joined: 1/28/2023
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RE: Tax rule while transferring money from India to UK
Hello there, I've been in the UK on a spouse visa for the past 2.5 years, working and paying taxes on my earnings. I am planning to sell my flat in India and would like to transfer the money to the UK for a deposit on a new house. Since I will be paying tax in India on the sale of my flat, will I still have to pay tax on the money transferred over here, which will be approximately £30,000?