Capital gains tax charge on non-residents – further details published

The government announced in the 2013 Autumn Statement that it intended to introduce a capital gains tax (CGT) charge on the disposal of UK residential property by non-residents with effect from 6 April 2015.

Following the publication of the consultation document ‘Implementing a capital gains tax charge on non-residents’ in March this year, the government has now published a summary of the responses received and has provided some helpful confirmation of certain aspects of the new CGT charge, such as the rebasing provisions and the availability of principal private residence (PPR) relief.

For further information, click here to read our detailed factsheet which considers the new CGT charge in more detail.


Private client tax team

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