Part 316 Foreign Bank Accouts requires detail of bank, date opened & amount of money deposited on opening the account.
If account was opened in Nov & money was deposited in Dec - then does that mean nil was deposited on opening ?
Is there a potential CGT liabilty if this money is revalued in the event of a euro collapse ? & which date would be valid for revaluation - Nov or Dec ?
Would appreciate any ideas on this - thanks in advance
If account was opened in Nov & money was deposited in Dec - then does that mean nil was deposited on opening ?
Is there a potential CGT liabilty if this money is revalued in the event of a euro collapse ? & which date would be valid for revaluation - Nov or Dec ?
Would appreciate any ideas on this - thanks in advance