Have Tax Questions? Ask a Tax Expert for Answers ASAP
Hello, I am one of the experts on Just Answer and pleased to be able to help you with your question.
The UK has no Exchange Controls. The only thing I would advise is that you warn the UK bank of incoming funds and their source to preclude any money laundering iquiry a large transfer might otherwise attract.
No, not at all. In any event the UK has no Gifts Tax regime. As I said just warn the UK bank.
Please be so kind as to rate me before you leave the Just Answer site.
Delighted to have been of assistance.
Thank you for your support.