CGT Planning When You Leave The UK - 2013&##x2f;2014

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CGT Planning When You Leave The UK - 2013/2014

Printed Tax Book

One of the main benefits of non residence is the ability to sell certain assets free of UK CGT.

As UK CGT is charged at 28% for higher rate tax payers this can make a move abroad very attractive.

There are however a number of anti avoidance rules that apply to anyone looking to move abroad to avoid UK CGT.

In this guide we look at issues such as:

  • UK CGT when you become non-resident

  • Selling assets when non resident to reduce UK CGT

  • When the anti avoidance rules will apply both before and after 6 April 2013

  • How to plan for a return to UK residence to minimise future CGT

  • Selling a former main residence as a non resident or after you return to the UK

  • How to sell free of CGT and avoid the 5 years non residence requirement

  • When HMRC can challenge disposals after you've left the UK

  • Delaying a disposal until after you leave the UK

  • Selling UK business assets as a non UK resident free of UK CGT

  • Using offshore trusts for CGT avoidance

  • CGT planning for trading stock and using double tax treaties

  • Steps to consider when becoming non resident to avoid CGT

  • Plus lots more...

    About the Author


    The Author of ""CGT Planning When You Leave The UK"" is our site Editor, Lee Hadnum. Lee is a rarity among tax advisers having both legal and chartered accountant qualifications. After qualifying a prize winner in the Institute of Chartered Accountants exams, he also went on to become a chartered tax adviser (CTA).

    He worked in Ernst & Youngs Entrepreneurial Services department for a number of years before setting up his own tax planning practice. He is now a full time tax author.

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