Marco Aiese
Joined: 3/12/2024
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CASH GIFT FROM ABROAD (EU) - Can I transfer it into my Cash ISA or S&S ISA accounts
Hello, my family would like to send me a cash gift of around 20k for a future property purchase in the UK. For the time being could I transfer this sum towards my yearly ISA tax free allowance (either Cash ISA or Stocks&Shares ISA)? Will I be liable to pay taxes if I do so? Thanks in advance