This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.


Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet

Bring capital into the UK

Joined:Wed Aug 06, 2008 3:43 pm
Bring capital into the UK

Postby Yiannis17 » Wed Jun 16, 2021 12:00 pm


I have someone who has been living in the UK for 20 years. They are bringing in capital from Russia and are concerned about any tax implications. They do not do a tax return.

I would like to understand the tax implications on this?

Thank you

Joined:Wed Aug 06, 2008 4:06 pm
Location:West Sussex

Re: Bring capital into the UK

Postby pawncob » Mon Jun 21, 2021 10:24 am

Probably no tax implications, but may be MLR considerations.
With a pinch of salt take what I say, but don't exceed your RDA

Return to “International Tax”