Vin
Joined: 3/7/2024
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RE: Does Interest on Cash ISA count towards ISA allowance?
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RE: Transferring personal money to UK
I am originally from Brazil and moved to England in November 2020, before Brexit. I have Italian citizenship. I have savings in Brazil (50,000 pounds) that were earned from my work while I was living there. After moving to the UK, I filled out a Brazilian document to stop paying taxes in Brazil and avoid double taxation in the UK/BR, which means that since I moved to the UK, I am no longer a tax resident of Brazil. I plan to bring my money from Brazil to England and would like to know if I will need to pay taxes? If so, how should I proceed to pay them? If I don't need to pay taxes, is there anything else I need to do, or is it just a matter of transferring the money? Thanks in advance.