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Tax on savings from UK to Ireland bank account?

  • 17-12-2017 2:00pm
    #1
    lrdnkn100k
    Registered Users, Registered Users 2 Posts: 1 ✭


    I've been living and working in the UK for the past 4 years. I'll be returning to Ireland at some point in 2018 and am now wondering how I should go about transferring my savings that are currently in GBP, to my EUR bank account in Ireland.

    In terms of the transfer itself, I'm thinking of using something like Revolut for their rates.

    However, I'm unsure of any other process I need to follow.

    If I am transferring €20k+ from my UK account to my IRE account, do I need to report this in any way?

    Appreciate any help.


Comments

  • #2
    Squozen
    Registered Users, Registered Users 2 Posts: 118 ✭✭Squozen


    I've moved about €80k from Australia to Ireland this year and as far as I could work out I didn't have to declare it. It's not income, I've already paid tax on it, so I don't see how it's Revenue's business.


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