Hi all , Need an advice for a freind who has migrated to UK .
Got a notice for reconcillation of the tax amount for the assets/offshore/overseas.
notice issued by the UK tax authorities -
Information
1 Staying there on PR .
2 some savings account and fd in indian banks while working as NRI before migration .
3Have not invested any amount from uk to india from earning in UK.
4)No invetment assets/ofshore accounts. basic salary and working there .
In notice mentioned that amount are taxable under UK tax laws for the assets or investement .
Any advice would be thankful for your help
Thanks in advance.
CAclubindia
