Dear all,
I'm a Swiss national and have lived in the UK for the last 7 years (both in full-time education and employment). I am planning to buy a house in the UK and my parents are offering to help me with a low-interest loan of about £80k. Are there any UK tax implications for the transfer of this money from my parents Swiss bank account to my UK bank account? Or would it be better to transfer the money from my parents Swiss bank account to my own Swiss bank account, and then to transfer it to the UK?
Your help is very much appreciated.
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