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Where Taxpayers and Advisers Meet

Case 4 condition for split year (starting to have a home in the UK only)

BritExpat
Posts:8
Joined:Thu Apr 07, 2016 12:24 pm
Case 4 condition for split year (starting to have a home in the UK only)

Postby BritExpat » Fri Nov 17, 2017 12:03 am

Are Case 4 conditions met in the following scenario?

I am resident overseas at the beginning of the tax year;
At the start of the year I have a home in the UK as well as one overseas ;
During the year I sell the overseas home;
Thus my UK home is now my ONLY home;
I return to the UK and start living in that home until the end of the year.

maths
Posts:8507
Joined:Wed Aug 06, 2008 3:25 pm

Re: Case 4 condition for split year (starting to have a home in the UK only)

Postby maths » Sun Nov 19, 2017 11:24 pm

Not sure why you opened a new post as readers may not have read your other post.

Basically Case 4 satisfied. You "home" only begins to be a home when you move in and live in it. So you don't have a home on 6 April as I assume you were living overseas. UK property must not become your home until overseas home is sold.

BritExpat
Posts:8
Joined:Thu Apr 07, 2016 12:24 pm

Re: Case 4 condition for split year (starting to have a home in the UK only)

Postby BritExpat » Tue Nov 21, 2017 1:43 am

Thank you, maths.
Does the split year date start on the date of sale of overseas home or when I return to the UK and start living in my only UK home?

maths
Posts:8507
Joined:Wed Aug 06, 2008 3:25 pm

Re: Case 4 condition for split year (starting to have a home in the UK only)

Postby maths » Tue Nov 21, 2017 2:30 am

The latter.


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