Transferring money to UK
#17
Just Joined
Joined: Dec 2012
Posts: 2
Re: Transferring money to UK
Meow, I loved your responses. I have only been navigating my way around BE for about a week, but have come across so many postings that recommend your services! I doubt you could have been any clearer!
Would you know anyone on BE who could outline the financial and social realities of embarking on a teaching career in Doha?
Sorry, if this isn't the appropriate place to raise this query.
Would you know anyone on BE who could outline the financial and social realities of embarking on a teaching career in Doha?
Sorry, if this isn't the appropriate place to raise this query.
#19
Re: Transferring money to UK
Meow, I loved your responses. I have only been navigating my way around BE for about a week, but have come across so many postings that recommend your services! I doubt you could have been any clearer!
Would you know anyone on BE who could outline the financial and social realities of embarking on a teaching career in Doha?
Sorry, if this isn't the appropriate place to raise this query.
Would you know anyone on BE who could outline the financial and social realities of embarking on a teaching career in Doha?
Sorry, if this isn't the appropriate place to raise this query.
Good luck
#20
Just Joined
Joined: Mar 2013
Posts: 9
Re: Transferring money to UK
I am in same situation like you as my Saudi employer transfers my salary to uk bank account. However I would like to check whether there could be any tax implication to this employment income when we will go back to UK. Can HMRC deduct any taxes from this money which is being remitted back to UK even though this is employment income and I am a non-uk resident. thanks.
#21
Re: Transferring money to UK
Hi Ash,
I am in same situation like you as my Saudi employer transfers my salary to uk bank account. However I would like to check whether there could be any tax implication to this employment income when we will go back to UK. Can HMRC deduct any taxes from this money which is being remitted back to UK even though this is employment income and I am a non-uk resident. thanks.
I am in same situation like you as my Saudi employer transfers my salary to uk bank account. However I would like to check whether there could be any tax implication to this employment income when we will go back to UK. Can HMRC deduct any taxes from this money which is being remitted back to UK even though this is employment income and I am a non-uk resident. thanks.
It depends on your status and if you are UK non-resident for tax purposes then your overseas earnings should not be liable to UK income tax. You'll need to be aware that when it comes to partial tax years there could be a tax liability unless you remain UK non-resident for tax purposes for long enough for partial years not to be liable, which is five full tax years.
Note potential charges to days permitted in the UK due to the introduction of the Statutory Resideny Test.
#22
Just Joined
Thread Starter
Joined: Nov 2012
Posts: 8
Re: Transferring money to UK
Thanks for the replies.
SAMBA transfer money directly to the UK for a set fee of 90 SR per transaction. The transfer can be done online and they also have a good app to check statements etc.
SAMBA transfer money directly to the UK for a set fee of 90 SR per transaction. The transfer can be done online and they also have a good app to check statements etc.
#23
Re: Transferring money to UK
Don't forget to check the actual exchange rate you are getting as that is where the retail banks make the most money on currency transfers, not on a small transparent charge...
#27
Re: Transferring money to UK
For those in Qatar banking with QNB First, I recently made a transfer from QAR to [somewhere else] and rang my personal banker who arranged a fantastic rate (far, far better than the ones quoted online) with only the usual 20Riyal fee. Saved me about 600quid all told. The rate he quoted me was literally within 0.001 of the quoted rates on XE.com.
Thought I'd share.
Thought I'd share.