Dear all
I am a British citizen with tax residency only in Germany, having left the UK six years ago.
Before leaving the UK I had invested in HSBC FTSE ALL WORLD INDEX (GB00BMJJJF91). The fund has holdings in thousands of global companies; I bought and hold the shares through Halifax Share Dealing and the fund is domiciled in the UK.
HMRC writes:
Living abroad "You have to pay tax on gains you make on property and land in the UK even if you’re non-resident for tax purposes. You do not pay Capital Gains Tax on other UK assets, for example shares in UK companies, unless you return to the UK within 5 years of leaving."
I don't know if any of this is relevant to my situation/type of investment.
If I sell shares in the fund and realise a gain, would there be UK CGT to pay? What is the deciding factor?
Thanks for your advice!
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