Hi
First time on the forum and have a conundrum re CGT.
I am planning to move to Australia in the next couple of months for an indeterminate period but probably 5 years+. We plan to sell our house but not to buy a house in Australia as we plan to invest the equity. We do not plan to take any profits from this investment until we return to the UK.
Would we be liable for any CGT when we are back in the UK and take any profits? If so, what value will be used to calculate the gain?
Many thanks.
Tom
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