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Taxed savings moving back to the UK?
Hi,
I currently reside and work in Sweden and have been doing so for the past 7 months. I'm originally from London, and had decided to move abroad upon meeting my girlfriend.
I'm thinking of starting a savings account here in Sweden, and plan to move back to the UK within the next few years.
Will I be taxed on my savings?
1 Answer
- 1 decade agoFavorite Answer
If you're Swedish resident then you'll pay Swedish tax on income there.
No UK taxes are due on funds brought in to the UK from Sweden unless you remain UK resident.
Source(s): Accountant 40 years
