MadeleneH
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Will I be taxed on 13k of tax repayment which I am receiving on behalf of my parents?
Parents have moved back to Sweden and closed UK bank account(s) They have dutifully completed self assessment tax return and are due a repayment of 13k As they don't have a UK bank account, and Sweden don't accept cheques, they are going to have the money transferred to my (UK) account. Do I have to declare this or pay tax? Conscious I am receiving this on their behalf, but it's money that they are owed...