www.offshoretax.co.uk

Just because you're non UK resident doesn't mean you have a complete exemption from UK capital gains tax ('CGT'). There are a number of circumstances when the UK taxman can still demand his 'slice of your cake'. The main time this will occur will be if you have assets that are used for a UK business. This article looks in detail at the tax legislation and Revenue practice and explains when non UK residents will be taxed in the UK on UK business assets.