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FORM FCG2 (Revised Sept 2016) DEVOLVED FORMULA CAPITAL GRANT (DFCO) NOTIFICATION OF PROPOSED EXPENDITURE AND GRANT TRANSFER REQUESTPlease refer to the Checklist for School Building Projects before
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Form FCG2 is a form used for reporting foreign gifts or inheritance received by a UK resident.
UK residents who receive foreign gifts or inheritance above a certain threshold are required to file form FCG2.
Form FCG2 can be filled out online or by filling out a paper form and sending it to the appropriate tax authority.
The purpose of form FCG2 is to report foreign gifts or inheritance to the tax authorities in order to ensure compliance with tax laws.
Information such as the value of the gift or inheritance, the date it was received, and the relationship between the donor and recipient must be reported on form FCG2.
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