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Where Taxpayers and Advisers Meet

cgt non resident landlords

GlobalTaxAdviser
Posts:633
Joined:Fri Dec 05, 2014 1:18 am
Re: cgt non resident landlords

Postby GlobalTaxAdviser » Sat Dec 20, 2014 2:26 pm

Hi Luca

No CGT before April 2015 if you were non resident for five years

Yes you can keep the proceeds in the UK and buy another property in the UK. There isn't any rollover relief that will defer any gain

One other point that could affect your future decisions the government has released a paper that could result in non residents losing their personal allowance.

Kind Regards

Sash

lucapooka
Posts:5
Joined:Sat Dec 20, 2014 10:21 am

Re: cgt non resident landlords

Postby lucapooka » Sat Dec 20, 2014 2:43 pm

Thank you for your advice.


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