I have a large sum of money (inheritance I got a long time ago) in a foreign bank account. I want to transfer it from my current account there to my current account here in the UK (I am a dual citizen). Would I have to pay any taxes or fees (other than fees to transfer or convert it to £).
I’ve left it all this time because I can’t quite get a straight answer and I been worried of being hit for massive taxes by HMRC.