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Sam
Sam, Accountant
Category: Tax
Satisfied Customers: 14004
Experience:  26 HMRC expertise, PAYE, Self Assessment ,Residency, Rental Income, Capital Gains, CIS ask for Sam Tax
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I am a non resident and sold a property in March 2015. I assume

Resolved Question:

I am a non resident and sold a property in March 2015. I assume I am not liable to CGT? Do I have to report this sale on my Tax return, if so how?
Submitted: 1 year ago.
Category: Tax
Expert:  Sam replied 1 year ago.
Hi Thanks for your question May I ask when you ceased to be a resident in the UK and have HMRC confirmed each year that you are indeed not resident each year since that date. ThanksSam
Customer: replied 1 year ago.
In 1996, yes I am confirmed non resident for almost 20 years
Expert:  Sam replied 1 year ago.
Hi Thanks for your response and the additional information Then as this sale took place before 06/04/2015 - then you neither have a capital gain consideration in the UK arising nor the need to report this sale to HMRC Your only consideration will be the gain and reporting to the tax authorities in your country of residence. Let me know if I can assist further ThanksSam
Customer: replied 1 year ago.
Thank you, ***** ***** confirm, in answer to the question in section 7 Capital Gains Summary, did I dispose of any assets including property, I can tick NO ?
Expert:  Sam replied 1 year ago.
HiApologies for the delay - its busy on here this morning. Usually this would constitute a new question and as per Just Answer policy should be listed as such, but as this appears to be your first time on Just Answer, and its a simple question - I have on this occasion answered Yes you can as this will not create a UK capital gain Thanks Do let me know fi I can assist further but it would be appreciated if you could rate me (or click accept) to repreent the level of service I have provided today Sam
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Customer: replied 1 year ago.
Thank you