Capital gains on a gift

Hi, i was gifted an interest in a property 20 years ago when i lived there. I subsequently moved abroad. Now we are looking to sell the property. Would i need to pay capital gains on my share of the full 20 year appreciation of the property? Thanks.

Not HMRC...yes, and no...non residents are liable to CGT on UK property, however, there are special rules re the amount/period liable that speciifically apply to non residents... https://www.gov.uk/guidance/capital-gains-tax-for-non-residents-calculating-taxable-gain-or-loss You need to run the various calculations/scenarios as to the one that is to your advantage in terms of tax due, each case is different depending on the gain by reference to valuations for base cost/April 2015 value/time apportionment/straight line basis/exempt periods and so on...its complicated, professional advice is usually worth the spend in such circumstances, though if able to calculate/compare the various methods yourself then no reason not to

Hi David, 
Please refer to:
Tell HMRC about Capital Gains Tax on UK property or land if you’re not a UK resident
Thank you.