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Getting money from online websites I own to my UK bank account
Now i want to get this money in my new UK bank account, does this mean that gov will take taxes from this money as well. Yes that is income and you have to pay tax on that. But it might be a bit complicated than that, so I would ask you to call up HMRC or visit an accountant or maybe ask the finance people of your employer. Also one of my family members send us money every few months and will send to this bank from now on, does taxes also apply on this? See the HMRC page about capital gains tax on gifts: You won't have to pay Capital Gains Tax when you give a gift to your   husband, wife or civil partner - as long as both of the following   apply: It's useful to keep a note of what the asset cost you. Your spouse or   civil partner may need this to work out their Capital Gains Tax when   they dispose of the asset. Example: Mr B lives with his wife and gives her an antique table that   he bought for £12,000 in 2003. Mrs B spends £500 restoring the table,   eventually selling it for £20,000.  Her total costs are £12,500 (£500 plus Mr B's original cost £12,000). Mrs B's   gain is £7,500 (£20,000 less £12,500). When you make a gift to a family member or other person you're   connected with, you'll need to work out the gain or loss. This doesn't   apply to gifts you make to your spouse or civil partner. This also applies if you dispose of an asset to them in any other way   - for example, you sell it to them for a low price. A 'connected person' in this context is someone such as your brother,   sister, child, parent, grandparent, mother-in-law or business partner.   Follow the link below for more information about connected people and   Capital Gains Tax. You must get a valuation of the asset at the time you made the gift.   Use this value in place of any amount you received for the asset to   work out your gain or loss. If you gave the asset away, then of course   the amount you received for it will be nothing. If you make a loss you can only deduct the loss from gains you make on   gifts or other disposals to the same person.