Hi All,
do I have to pay tax if I make money by moving the £££ offshore into a fixed deposit account. Then if I bring htem back in 6 months (hopefully the currency rates will be in my favour), do I have to pay tax on that margin?
I assume i do, but thougt I might check.
do I have to pay tax if I make money by moving the £££ offshore into a fixed deposit account. Then if I bring htem back in 6 months (hopefully the currency rates will be in my favour), do I have to pay tax on that margin?
I assume i do, but thougt I might check.
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