Hello and welcome to the site. Thank you for your question.Any sums received as part of divorce settlement are tax free and there is no tax payable on them.You would only be liable to income tax on any income/interest you get from the monies invested once in your hands. Also capital gains tax would only become payable if you sell any chargeable assets once in your possession.
You will be entitled to personal allowance and gains annual allowance against income and gains respectively and only any access over the personal allowance would be subject to tax
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