Hello
I have lived abroad since 2010. My only UK property, which was my home before I left, was let out and has increased in value by around £250K during that time. I will want to return in a couple of years and will need a home. I might not always want that home, though. Depending on when I sell, I calculate a potentially large difference in tax due. If I sell before I return, it’s ok because I benefit from paying CGT only from Apr/2015 (less PPR). If I sell after I return I have to pay CGT for the entire period.
It’s not worth selling up and buying elsewhere before I return, due to the SD. Is there a way to settle the outstanding CGT up until 2019 now, before I return?
Thank you.
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