Tax on transfers

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04 Feb 2009 12:00 AM by forseys Star rating. 27 posts Send private message

My son is working abroad and is transfering lump sums back to his UK bank account . Is he liable for tax on this money although he is paying tax in the country he is working in.

Any advise is gratefully received.

 

 

 





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04 Feb 2009 6:05 PM by Roberto Star rating in Torremolinos. 4551 posts Send private message

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"Abroad" is a pretty vague term, but if you mean Spain, then no, because Spain and UK have a double taxation agreement. More info available here



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04 Feb 2009 8:20 PM by forseys Star rating. 27 posts Send private message

Thanks for such a prompt reply - such a great forum, new somebody would help/have information although my son is living in Japan.

Suzanne





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04 Feb 2009 10:59 PM by Roberto Star rating in Torremolinos. 4551 posts Send private message

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Mildly curious as to why you would post a question about transfering money from Japan to the UK on a forum about Spain, but welcome anyway! Hope the link was useful.



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"Get your facts first, then you can distort them as you please"

Mark Twain

 

 

 




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04 Feb 2009 11:00 PM by morerosado Star rating. 6927 posts Send private message

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Only mildly, Rob ?



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05 Feb 2009 9:05 AM by forseys Star rating. 27 posts Send private message

Roberto - as said below many thanks for the information - i use this forum as i am one of many with a court action due to non payment of bank guarantee on a property in Spain - hopefully that issue qualifies me for being a member of the forum.

With the amount of members who obviously have  wide and varied backgrounds i was taking a chance on behalf of my son to get information although Japan is not Spain. Your reply has answered the question and it confirms as thought what superb support this forum can give.

Morerosado - thanks for highlighting in print and making me feel an idiot for asking a non spainish question although the answer was received almost immediately. I will ensure future queries directed  to this forum remain related to Spain.

Apologies

 





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05 Feb 2009 9:48 AM by morerosado Star rating. 6927 posts Send private message

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Hi Forseys

Rob & I rib each other all the time so I apologise if I offended you, honestly I do. My remark was obviously to Rob.

 



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05 Feb 2009 6:33 PM by Roberto Star rating in Torremolinos. 4551 posts Send private message

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Hey, having a computer, or access to one, plus an internet connection, qualifies you to be a member of this forum, and you are most welcome. No need to justify your presence here!

If you want to post about Japan, feel free - makes a change from just talking about Spain anyway. Morerosados profile says "EOS Superstar", but that's only because the forum admin haven't yet created "EOS Oracle", and you can be quite sure, if she doesn't know the answer to your questions, she'll do her utmost to find out, regardless of what it relates to. Sometimes, I like to try to beat her to it; usually I fail!

Good luck with that court order, by the way; hope it all works out.



_______________________

 

"Get your facts first, then you can distort them as you please"

Mark Twain

 

 

 




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05 Feb 2009 7:13 PM by morerosado Star rating. 6927 posts Send private message

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Aw Rob, thanks for that, you're turning soft in your old age.  Of course Forseys is welcome. Gosh it must be exciting having a son in Japan. I've never been far but wished I had, for the experiences.  

True I try & help, isn't always appreciated & sometimes I tend to get shouted down like earlier (bet you missed that one Rob, I didn't) but I try to help & often do. The internet is a wonderful tool, I get much of my info from Googling & a few viruses to boot.  OH is always going on at me. Anyway can I go & cook dinner now ? Pop in again Forseys.



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05 Feb 2009 7:19 PM by Roberto Star rating in Torremolinos. 4551 posts Send private message

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She cooks, too! Truly remarkable!



_______________________

 

"Get your facts first, then you can distort them as you please"

Mark Twain

 

 

 




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05 Feb 2009 7:22 PM by morerosado Star rating. 6927 posts Send private message

morerosado´s avatar

 



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06 Feb 2009 9:13 AM by forseys Star rating. 27 posts Send private message

Thank you both  





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