Tax from property sold out outside of the UK.
Posted: Sat Feb 17, 2018 4:06 pm
Hello,
I am British but at the moment I am not the UK tax resident as I have another citizenship and leave outside of the UK.
In the country where I am resident I have a property which I would like to sell and transfer the funds back to the UK.
All local income taxes are paid and all taxes related to selling the property are to be paid locally.
My question is: Do I have to pay UK tax once the funds reach my UK accounts?
Thank you in advance,
John
I am British but at the moment I am not the UK tax resident as I have another citizenship and leave outside of the UK.
In the country where I am resident I have a property which I would like to sell and transfer the funds back to the UK.
All local income taxes are paid and all taxes related to selling the property are to be paid locally.
My question is: Do I have to pay UK tax once the funds reach my UK accounts?
Thank you in advance,
John