Hi there.
Looking for some advice on both capital gains and personal tax I may owe/soon owe. I've been abroad for 18 months and I'll soon be selling my website/SASS app.
So, in May 2018 I left for Thailand. I was away until Dec 2019 and then returned for around 55 days in total. In March 2020 I came back to Thailand and I haven't left since. In August 2020, I created a website that's been generating income and I hope to soon sell this. I have a few questions that I need some help with, please. Oh and I don't have any company set up or anything, it's just me and I'm just selling these as assets, as far as I know.
1 - Do I owe any personal tax for Apr 2020 - Apr 2021? I wasn't ever in the UK in this time but the money has gone to a UK bank account.
2 - Do I owe capital gains tax for selling a website as a sole trader/individual? If I do owe capital gains tax, are you aware of any relief schemes that can help me?
3 - In general, does receiving these funds, whether it's from profits or sale, in a UK bank account have any affect?
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