Skip to main content

This is a new service – your feedback will help us to improve it.

  • RE: Money transfer

    Hello, My father passed leaving behind money that I and my brothers will inherit overseas. I want to bring the money here to pay off my mortgage. It is about £500k. I just have three questions: 1) How much money can I bring to my UK account? 2) Do I have to pay tax on this inherited money for my mortgage? 3) Am I correct in saying that inheritance is free of tax or is that a one-off gift? Thank you.