I left the UK permanently in 2007 (only spent around 10 days total in UK after this date), I am British citizen born in the UK if that makes a difference. I own a property in the UK which I used to live in until 2007 but was then let through an agent, I am approved for the non residents landlord scheme so my agent does not deduct tax. I have completed a tax return every year online.
A few years ago on a HMRC forum I asked if its ok to keep using a UK correspondence address on my tax return (my parents), I was told it was ok and the address did not matter (I can't seem to find this old forum post to copy it though). When I do my tax return online I always added a comment in 'other information' that I was Living in Thailand since 2007 and stating I am a non resident landlord and providing my registration number NAXXXXX
Now I have been considering selling my property and looking into CGT (again), as a non resident I only have to pay CGT on the gain from 5 April 2015 (rebasing).
But while looking into this I have read I may have had to submit form SA109 with my tax return which I have not done, my return has always been online with a UK address.
Now I am worried this now may affect being able to to rebase the property valuation for CGT? Do I need to correct this to make sure I am non resident for CGT, or is the fact I am registered as a non resident landlord enough?
How does the procedure for reporting the CGT gain work, I've seen the online calculator and where to submit it online but how will they know I am non resident and what proof will they need
Thanks
- Home
-
Tax News
- Budgets and Autumn Statements
- Income Tax
- Business Tax
- PAYE and Payroll Taxes, National Insurance, NICs
- Company Taxation
- Savings & Investments, Pensions & Retirement
- Capital Gains Tax, CGT
- Property Taxation
- Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
- Tax Investigations & Enquiries
- VAT & Excise Duties
- Stamp Duty, Stamp Duty Land Tax, SDLT
- International Tax
- HMRC Administration, Practice and Methods
- Professionals in Practice & Industry
- General
- TaxationWeb
-
Tax Articles
- Budgets and Autumn Statements
- Income Tax
- Business Tax
- PAYE and Payroll Taxes, National Insurance, NICs
- Company Taxation
- Savings and Investments, Pensions and Retirement
- Capital Gains Tax, CGT
- Property Taxation
- Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
- Tax Investigations & Enquiries
- VAT & Excise Duties
- Stamp Duty, Stamp Duty Land Tax, SDLT
- International Tax
- HMRC Administration, Practice & Methods
- Professionals in Practice & Industry
- General
- Tax Tips
-
Tax Forum
- Income Tax
- Business Tax
- PAYE and Payroll Taxes, National Insurance, NICs
- Company Taxation
- Savings & Investments, Pensions & Retirement
- Capital Gains Tax, CGT
- Property Taxation
- Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
- Tax Investigations and Enquiries
- VAT & Excise Duties
- Stamp Duty, Stamp Duty Land Tax, SDLT
- International Tax
- HMRC Administration, Practices & Methods
- Professionals in Practice & Industry
- General
- Tax Jobs
- Get in Touch