This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.
Analytics

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.

Essential

Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet

Tax from property sold out outside of the UK.

JohnCad
Posts: 2
Joined: Sat Feb 17, 2018 3:33 pm

Tax from property sold out outside of the UK.

Postby JohnCad » Sat Feb 17, 2018 4:06 pm

Hello,

I am British but at the moment I am not the UK tax resident as I have another citizenship and leave outside of the UK.

In the country where I am resident I have a property which I would like to sell and transfer the funds back to the UK.

All local income taxes are paid and all taxes related to selling the property are to be paid locally.

My question is: Do I have to pay UK tax once the funds reach my UK accounts?

Thank you in advance,
John

RMC
Posts: 409
Joined: Wed Aug 06, 2008 3:35 pm

Re: Tax from property sold out outside of the UK.

Postby RMC » Mon Feb 26, 2018 1:07 pm

Where are you tax-resident, i.e. do you file your annual tax returns in your home country (name please) or in the UK?

JohnCad
Posts: 2
Joined: Sat Feb 17, 2018 3:33 pm

Re: Tax from property sold out outside of the UK.

Postby JohnCad » Sat Apr 14, 2018 7:09 pm

Dear RMC,

Thank you for your response, but my circumstances changed.

Kind Regards,
John


Return to “International Tax”