Postby AGoodman » Tue Jan 15, 2019 5:10 pm
A) Yes, likely fine but any gain made by the company could be attributed to you under s.13 TCGA unless you are filing on the remittance basis (presume not) or one of the following applies:
a chargeable gain accruing on the disposal of an asset used, and used only—
(i) for the purposes of a trade carried on by the company wholly outside the United Kingdom, or
(ii) for the purposes of the part carried on outside the United Kingdom of a trade carried on by the company partly within and partly outside the United Kingdom,]
(c) . . . or
[(ca) a chargeable gain accruing on the disposal of an asset used, and used only, for the purposes of economically significant activities carried on by the company wholly or mainly outside the United Kingdom, or
(cb) a chargeable gain accruing to the company on a disposal of an asset where it is shown that neither—
(i) the disposal of the asset by the company, nor
(ii) the acquisition or holding of the asset by the company,
formed part of a scheme or arrangements of which the main purpose, or one of the main purposes, was avoidance of liability to capital gains tax or corporation tax
You might well be under (cb) if the company acquired the property before you came to the UK, otherwise it depends on the reason for the company buying it.
B) Yes.