Does having a Currencies Direct account affect my taxes?

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Written by Currencies
Updated 1 year ago

If you’re a UK tax resident, you’re taxed on your income/gains worldwide, so the country of the bank account that receives these funds is not relevant.

There are different rules for ‘non-domiciled’ individuals (non-doms) – that is people who live in the UK and are tax resident here but have their permanent home outside the country.

We’re not allowed to offer tax advice, so we recommend asking a financial advisor or the relevant tax authority.

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