Hello,
I recently sold a property and want to bring the funds to the UK. How can I avoid the tax please. The money is sitting with a broker. I am hoping to buy a flat for myself in the UK and also pay off some debt. Will it be a problem if I ask the broker to pay 1) directly to the bank that I owe the money to for the debt and 2) I ask them to put the money in my solicitor's account for the deposit of the flat that I intend to buy. The debt is a mid 4figure sum and the deposit will be a lowish 5 figure sum. Thank you.
I recently sold a property and want to bring the funds to the UK. How can I avoid the tax please. The money is sitting with a broker. I am hoping to buy a flat for myself in the UK and also pay off some debt. Will it be a problem if I ask the broker to pay 1) directly to the bank that I owe the money to for the debt and 2) I ask them to put the money in my solicitor's account for the deposit of the flat that I intend to buy. The debt is a mid 4figure sum and the deposit will be a lowish 5 figure sum. Thank you.