Javea Grapevine Issue 176 - LARGE FONT EDITION | Page 76

Capital Gains
Tax Update
for ExPats selling
UK property
The rules
affecting
Capital Gains
Tax obligations
changed in April
for exPats
selling property
in the UK.

by Gaile
Griffin Peers

In April 2015, new
rules came into effect
for all overseas UK
property owners.

If a property was jointly owned each owner
must tell HMRC about
their own gain or loss.

Up until 5th April, most
exPats