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Old 24-02-2008, 01:11 PM
helenc helenc is offline
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Join Date: Jan 2008
Posts: 5
Default Help! What's the most cost effective way of taking rent & can I transfer money to UK?

Hi, any help or advice - would be great!

I'm about to let my property in International City and am after some advice about being taxed on it in the UK & is it best to set up a bank account in Dubai and have the rent paid straight into a bank account over there or is there no difference cost wise - if I get it transferred straight into my British account?

What's everyone else doing?

I'm with a bank that has branches in Dubai - so would I be best to set up another account with them there? If people do have it put straight into accounts in the UK - do you get it transferred in AED's or pounds?

Many thanks,
Helen
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