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  • RE: Transferring personal money to UK

    Hi there, I'm a UK resident; I just finished law school, and after four years of studying and having two kids, I ended up with debts on my credit cards. My father plans to help me by sending the money from where he lives abroad to pay my credit card debts. It will be a one-off in the amount of around £12.000 to pay two of my credit cards. When he transfers this money, he will pay taxes over there already, and it will not be helpful if I need to pay taxes twice. Would that be taxed here, too? Thank you very much for your help.