Commentary

C2.1140 Disposals of interests in UK land—meaning of non-residence

Capital gains tax
Capital gains tax | Commentary

C2.1140 Disposals of interests in UK land—meaning of non-residence

Capital gains tax | Commentary

C2.1140 Disposals of interests in UK land—meaning of non-residence

A disposal is only chargeable to tax under the NRCGT rules where the person disposing of the property is not resident in the UK1.

The period over which the non-residence is assessed for these purposes depends on the type of person or entity involved and applies as follows2:

  1.  

    •     in the case of an individual, where he is not resident in the tax year in which the gain accrues (or would accrue if there were a gain), or the gain accrues in the overseas part of a split tax year (for an

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