CGT on share sale for Non Resident ?

[Wharf]

As a non resident in excess of five years - if I sell shares in the UK I understand they will be taxed at source according to the share holding company? If this is correct how do I reclaim any tax deducted ? Is there any way to avoid tax being deducted at source in the first place?
Thank You

[AGoodman]

No - a non-UK resident is never subject to UK CGT on shares unless (as you have seen) they are only temporarily resident.

There is no taxation at source for CGT.

If you are selling bonds then there may be income tax on the accrued income under the accrued income scheme but I don't think this is taxed at source (I may be wrong). It would still not be CGT.

[maths]

Depending upon when you left the UK, to avoid the temporary non-resident provisions re CGT you need to be non-resident for either 5 tax years or 5 "normal"
years .

Failing which, the protection of a relevant DTA may apply.