Hi i wonder if anyone here can help
Long term (over 20yrs) expat returning to the UK, no uk property owned.
I am planning to sell stocks and property and bring cash into UK before return.(stocks and property all bought and sold with funds from work while overseas).
q1. is there any tax on cash brought into the uk ?
Also i am considering holding overseas property and remitting rental income from the overseas property into the uk
q2. From the date of my return will there be income tax to be paid on the amount remitted int the uk ? (FYI there is a double taxation treaty in place between my country where the property is held (Thailand), and the UK.
q3. if i sold my current house and and remitted the funds AFTER returning to the uk do any of the following taxes apply
- income tax in the time between when i returned to the uk and sold the property and remitted the funds into the uk. Do the sale proceeds constitute income ?
- does capital gains apply from the time between when i returned to the uk, and sold the property and remitted the funds into the uk .
OR
- from the time which the property was originally purchased 10 yrs ago or so, until the time the property was sold.
Thanks in advance
- Home
-
Tax News
- Budgets and Autumn Statements
- Income Tax
- Business Tax
- PAYE and Payroll Taxes, National Insurance, NICs
- Company Taxation
- Savings & Investments, Pensions & Retirement
- Capital Gains Tax, CGT
- Property Taxation
- Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
- Tax Investigations & Enquiries
- VAT & Excise Duties
- Stamp Duty, Stamp Duty Land Tax, SDLT
- International Tax
- HMRC Administration, Practice and Methods
- Professionals in Practice & Industry
- General
- TaxationWeb
-
Tax Articles
- Budgets and Autumn Statements
- Income Tax
- Business Tax
- PAYE and Payroll Taxes, National Insurance, NICs
- Company Taxation
- Savings and Investments, Pensions and Retirement
- Capital Gains Tax, CGT
- Property Taxation
- Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
- Tax Investigations & Enquiries
- VAT & Excise Duties
- Stamp Duty, Stamp Duty Land Tax, SDLT
- International Tax
- HMRC Administration, Practice & Methods
- Professionals in Practice & Industry
- General
- Tax Tips
-
Tax Forum
- Income Tax
- Business Tax
- PAYE and Payroll Taxes, National Insurance, NICs
- Company Taxation
- Savings & Investments, Pensions & Retirement
- Capital Gains Tax, CGT
- Property Taxation
- Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
- Tax Investigations and Enquiries
- VAT & Excise Duties
- Stamp Duty, Stamp Duty Land Tax, SDLT
- International Tax
- HMRC Administration, Practices & Methods
- Professionals in Practice & Industry
- General
- Tax Jobs
- Get in Touch