He has an international business account which regularly makes GBP payments to the UK for business and he would use this to pay off my credit card, once I provide him my account details. There are no tax implications for him giving these gifts, as the business is domiciled in a tax free country.
This is not a loan from him; purely a gift. If anything he's paying off my loans to the Bank/credit card issuer?
He has made it clear that he doesn't want anything back in return and is actually doing this for several family members already.
This is a genuine offer from a close family member - not a stranger asking for my credit card details in exchange for paying my bills
My concern is that I am self-employed and don't want any trouble from the HMRC and my self-assessment. I assume I don't need to declare these gifts, but if HMRC investigated my business/income ever, would they look at my credit card records as well as my bank account?
