Quizzes & Puzzles0 min ago
Transfer money to oversea's account.
On completion of the sale of our second house, I want to transfer the proceed's into an account not in the UK.
Does anyone have any advice on transfering money into accounts in the Isle-of-Man or Gurnsey ?.
Has anybody any other idea's on transfering money abroad ?.
Does anyone have any advice on transfering money into accounts in the Isle-of-Man or Gurnsey ?.
Has anybody any other idea's on transfering money abroad ?.
Answers
Best Answer
No best answer has yet been selected by BRAVO1. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.It's perfectly simple to transfer money into accounts abroad and in the Channel Islands etc. Your bank can walk you through it but there's fundamentally no more difficulty than there is transferring it to another UK bank.
Did you really want advice on transferring money? Or is it actually advice on the best place to put it you want?
If it's the latter, buildersmate is right. Presuming you yourself are remaining a UK resident there's nothing to be achieved by transferring the money abroad. Interest earned is still taxable here and the Revenue is presently cracking down on people who don't declare it.
Did you really want advice on transferring money? Or is it actually advice on the best place to put it you want?
If it's the latter, buildersmate is right. Presuming you yourself are remaining a UK resident there's nothing to be achieved by transferring the money abroad. Interest earned is still taxable here and the Revenue is presently cracking down on people who don't declare it.
Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.