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How the CGT charge is calculated for non UK domiciliaries selling overseas assets |
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Written by Administrator
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If you're subject to the remittance basis of tax as a UK resident, non UK domiciliary, this will also apply to any capital gains that you realise on the disposal of overseas assets. In this case you're not just taxed in the UK on the proceeds remitted to the UK. The calculation of the CGT charge is more complex than this, and this article lets you know exactly how to calculate the CGT charge on the disposal of overseas assets when you're a non UK domiciliary.
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