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TonyTax
TonyTax, Tax Consultant
Category: Tax
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Experience:  Inc Tax, CGT, Corp Tax, IHT, VAT.
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my wife and I own a second house in the UK. I am resident

Resolved Question:

my wife and I own a second house in the UK. I am resident and domiciled , so I pay taxes. My wife is resident but not domiciled and pays taxes somewhere else. Does my wife have to pay her share of the capital gains tax if we sell the second house?
Submitted: 2 years ago.
Category: Tax
Expert:  TonyTax replied 2 years ago.

Hi.

As the property is in the UK and your wife is resident in the UK, her share of any gain you make from the disposal of that property will be liable to CGT as yours will be, subject to reliefs if it has ever been your main home or let as a furnished holiday let.

A non-UK domiciled but UK resident individual can elect not to pay UK tax on non-UK source income and gains that they do not bring into the UK under the remittance basis of assessment rules which you can read about in RDR1.

I hope this helps but let me know if you have any further questions.

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