Ask the experts: Capital gains tax on UK property

Capital gains tax rules for non-UK resident investors are in force. Who and what is impacted by these? Simon Hart, director, asset management tax at KPMG, answers questions

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Since 6 April 2019, a new legislation by HMRC subjects non-UK resident investors to capital gains tax (CGT) on disposals of UK property. As well as sales of physical UK property, this legislation extends to disposals of shares in companies and interests in collective investment vehicles (CIVs) and real estate investment trusts (REITs) that are rich in UK property.

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Published: 02 Dec 2019
Categories:
  • Bonds
  • Compliance, Regulation & Risk
  • The Review
Tags:
  • CGT
  • REITs
  • offshore bonds
  • non-UK resident
  • investing
  • HMRC
  • featured
  • CIV
  • capital gains tax

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