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Where Taxpayers and Advisers Meet

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by Troggy
Mon Apr 29, 2019 2:00 pm
Forum: Income Tax
Topic: Loan repaid from abroad
Replies: 2
Views: 489

Re: Loan repaid from abroad

Thanks Pawncob for coming back. Much appreciated.

Just to clarify.. I’ll pay money from UK account in GBP to a college outside of UK. I’ll receive the same money from abroad back into my account. As my nephews dad will pay me back the money.



Regards
by Troggy
Sat Apr 27, 2019 3:13 pm
Forum: Income Tax
Topic: Loan repaid from abroad
Replies: 2
Views: 489

Loan repaid from abroad

Hello all, I have a quick question on tax. My nephew is getting into a college abroad and I’ll be paying his fees using a U.K. bank account. He is getting into this college based on a quota which requires the funds to come from outside the country. The plan is for me to pay his fees and then his dad...

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