Gift - Foreign share portfolio

[dedalus]

Hi,

I have been gifted a share portoflio based in an other EU country.

I understand that I will have to declare the income from this to HMRC and pay the relevant tax.
Can someone tell me if the tax I will pay is for the interest earned on said shares?
Any other tax?

Thanks

[maths]

Any capital gains made on a future sale may need to be disclosed and CGT paid thereon (at 18% or 28%).

In addition, any dividend income will be subject to income tax.

In either of the above cases there may also be a liability to tax in the country where the shares are registered.

The remittance basis of tax applies should you be non-domiciled and make a claim.