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22 January 2015

receiving money from aboard

I am British living in the UK . I am expecting to receive money from( IRAQ) over 60,000 pounds . The money come from the sale of my property in Iraq. I will receive the money in cash in the UK. I wonder whether I need to pay tax to the UK government or not for the sale of the my property despite that I had paid tax in Iraq. Do I need to provide a proof of where the money come from if I want to deposit the money in a bank in the UK ? Please answer me about the tax implication and what proof of fund that I need to provide to the bank .

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