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How Much Do You Need ?

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How Much Do You Need ?

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Old Mar 5th 2007 | 8:11 am
  #16  
ianandhelena's Avatar
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Default Re: How Much Do You Need ?

Originally Posted by ladywithatorch
Hi, you don't pay tax on your money as long as it gets here within 6 months of your arriving.

xRachx
not true.
you don't pay tax on money you own, only on money you earn e.g. interest, share income, salary etc.
if you have money in an account in the UK you can move it across whenever you want.
where does the 6 months come into it?
 
Old Mar 5th 2007 | 8:12 am
  #17  
ianandhelena's Avatar
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Default Re: How Much Do You Need ?

Originally Posted by Centurion
Thats not true. You wont pay tax on any of your funds brought from the UK regardless of the time. Its perhaps the most famous BE urban myth. There is no 6 month rule.
looks like you beat me to it !
 

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