capital gains tax on UK property



ORIGINAL POST
Posted by spannermonkey 14 yrs ago
I've been in HK for 6 years now and I'm looking at buying a property in the UK for investment. I'm not planning on flipping it, but in the event of me having to offload the property and it had gained some value in the interim, would i be fully liable to CGT?


Would the outcome be the same if I bought the property through a HK registered company (my own) rather than personally?

thanks

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COMMENTS
Loyd Grossman is Miss Venezuela 14 yrs ago
Not sure. I think you are onkly exempt from paying CGT if it is your residential property.

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