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Guest pmaewatson

Lending from UK to daughter in Australia

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Guest pmaewatson

My daughter is an Australian resident married to and Australian citizen. We would like to lend her some money to help with a house purchase. Can anyone please advise us how this would work?

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What do you mean? :confused:

 

Do you mean how do you transfer it? Or do you want to make it more formal?

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Guest pmaewatson

Just want to check whether there are regulations governing this sort of transaction. Can I just transfer the cash to her? I presume that if she is paying me interest there will be tax implications at my end. That sort of thing.

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