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Where Taxpayers and Advisers Meet

SA108 help needed for Non Resident Capital Gains

snowball05
Posts:1
Joined:Sat May 25, 2024 2:25 pm
SA108 help needed for Non Resident Capital Gains

Postby snowball05 » Sat May 25, 2024 2:37 pm

Hello, I'm hoping someone can help me understand SA108.

We (my wife and I - joint tenants) sold our UK house (PPR) this tax year after moving to Australia 4 years ago. We completed the non-resident capital gains tax online form and paid the tax due.

Now completing our 2023/24 UK tax return I am struggling to complete the SA108 form. Specifically:

1. Please confirm my understanding that we do not complete the Residential Property Boxes 3 - 13, as this appears to be for UK tax residents only?

2. For box 52.1 I do not know what to enter. Is it the Total Gain on the property or is it the Total Gain less "Deductions" being the PPR relief and the annual CGT exemption of GBP 6,000?

Thanks in advance.

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