cpdkalkan1
Joined: 12/4/2024
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CGT on overseas property after returning to UK
My wife and I have been resident abroad for 14 years. We own one property which is our sole residence. We do not own property in the UK. We intend to sell our house abroad and purchase a property in the UK and return to take up residence there. It may be that we buy the property in the UK before we have succeeded in selling the property abroad. If that is the case, are we creating a CGT liability if we subsequently achieve a sale.