UK Tax Questions? Ask a UK Tax Advisor for answers ASAP
Hello, I'm Rachel, and I’m a moderator for this topic.
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I will wait thanks, Rachel.
It is a simple answer that would take the expert very little time to reply to.
Can you please clarify about the selling and rebuying?
If I put $100,000 in 5 years ago when overseas, which has now accrued to $130,000, but then receive a $10,000 distribution when in the UK - would the $10,000 be treated as income or is part of it regarded as a capital gain?