Hi,
I came to the UK to work in UK on a work permit in Sep 2006 along with my family for the first time.
I was not a UK resident before that time.
We brought our earnings/savings in the form of bank drafts and deposited them in the bank here after opening the account for my salary.
Will this money which was earned outside UK be taxable in UK.
Can Somebody help?
Regards
Tax on money brought into UK when arriving first time in UK
4 posts • Page 1 of 1
Tax on money brought into UK when arriving first time in UK
by Bjay on Mon Nov 28, 2011 10:06 am
- Bjay
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Re: Tax on money brought into UK when arriving first time in UK
by maths on Mon Nov 28, 2011 1:35 pm
Sep 2006 is 5 years ago; when did you credit the money in the UK ?
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Re: Tax on money brought into UK when arriving first time in UK
by Bjay on Tue Nov 29, 2011 8:40 pm
I had deposited the drafts in first week of October 2006 after immediately after opening the bank account.
- Bjay
- Posts: 2
- Joined: Mon Nov 28, 2011 9:44 am
Re: Tax on money brought into UK when arriving first time in UK
by maths on Wed Nov 30, 2011 6:53 pm
No income tax should arise assuming that all the monies were earned/received prior to arriving in the UK.
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4 posts • Page 1 of 1
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