Vishal
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RE: Tax implication for bringing overseas savings to UK from a previous job
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Tax implication for bringing overseas savings to UK from a previous job
Hi HMRC, I have a query regarding bringing savings from overseas to UK. I moved to the UK from Singapore where I had some investments financed by my job in Singapore. I am thinking of bringing the savings generated from liquidating the investments back to the UK. All the money involved is generated ONLY from my job in Singapore and does not relate to my income in UK or after I moved to the UK. I have read through the other forum questions and answers and I understand that I will have tax implications from the capital gains generated from the amount after it is in UK but will I have any tax implications from bringing the saving to the UK?