Property News · August 21, 2023

As a UK property seller living abroad am I liable for ‘sneaky stealth taxes’ such as CGT?


I lived abroad for 20 years but will return this tax year to sell my sole UK homeQ If you sell your main home which you have let while yourself renting another place or places to live are you exempt from [capital gains tax] CGT? All the pieces I’ve read, including the HMRC websites assume you must otherwise own or share a partner’s owned property.Surely no CGT is due on the sole home property if you are yourself renting? Continue reading…

Source : theguardian.com
Read more…As a UK property seller living abroad am I liable for ‘sneaky stealth taxes’ such as CGT?