HMRC Admin 10 Response
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RE: Money transfer
Hi lchastan
As you are not resdient or domiciled in the UK then no UK tax will arise on the transfer.
I cannot comment on what the situation will be in the country it is moved to.
Thankyou.
Regards. -
RE: How to report Indian Mutual Fund gains in UK Self Assessment Tax return
Hi
Income from non reporting funds is only taxable on the amount actually distributed to you.
If the company falls under non reporting funds then you will be taxed on whatever your highest rate of tax is.
Thankyou.
Regards.