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Where Taxpayers and Advisers Meet

Tax when borrowing money from abroad

User789
Posts:1
Joined:Tue Jun 16, 2020 9:06 pm
Tax when borrowing money from abroad

Postby User789 » Tue Jun 16, 2020 9:14 pm

I was wondering if anyone knows if any tax needs to be paid if I borrow money from my sister from abroad (in my case in Hong Kong) to buy a property in the UK? The amount is around £100,000.

Many thanks.

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