imarcq

Thanks Alan, I've made a note of this. Currently the pensions are so small they don't attract any income tax in UK at all. I'm hoping the same will apply here.

I just did the calculator on the HMRC website and it appears that I don't need to declare the sale for CGT as it was my only home for several years. I was a UK resident and I did not leave for the whole time. I also paid the council tax!

Hi, thanks for your reply. I was fully resident in the UK for 7 years, and was still resident for tax purposes when the property was sold. I haven't yet fully informed HMRC that I've permanently left, just changed my address when I called them to sort out my tax codes on two small pensions. I was given a link by a HMRC "Tax Technician" to do this, but he said there was no immediate rush. Thanks again. Mark.

Hi. Thanks for your reply. I was not a non-resident in UK for the 7 years I was there looking after my Dad. I was a resident for tax purposes, subject to UK tax and national insurance rules, and received a carers allowance for caring for my Dad for the last 5 of those years. I had filed a final Australian tax return in 2015, before leaving. I had not planned to return to Australia. I sold the house on April 7. As I am now residing back in Australia from May 6, I assume I'll have to file a basic return here in July. Although I'm not expecting to start working until after that date. I'm almost 60, semi-retired, and draw two small pensions in UK.

I'm getting a few different answers, but the one you have suggested does tally with what the solicitor had said on completion. Thanks again.

Oh Ok. I guess as the tax year ended in April I can wait until next April to do this? Thanks.

Thanks again. No it wasn't always my intention to sell the house. I only really decided to come back to Australia in the last year. So it looks as if I wont have to declare any gain in UK. Thank you.

Thanks, I'll investigate this. Mark.

Thanks for this. Very helpful. I didn't get probate until the end of 2020, I registered the deeds in my name in June 2021 but didn't exchange contracts until March 2022, and completed on 7th April. I was advised by the agent that because I had to lived in the house for several years no CGT was payable in UK. Are you saying this is incorrect?

Hi there, I moved back to UK in 2015 to care for my elderly Dad who sadly passed in 2020. I inherited his house, sold it in April 2022, returning to live in Sydney this May 2022. I lived in his house with him as his carer for the whole time. When I transfer the money to Australia, to buy a home here, will I need to declare it or pay CGT? I know that in UK no GCT was payable as it had been my main residence for seven years. Is there anything I should be aware of when transferring the cash to Australia, apart from waiting until the exchange rate improves! Thanks, Mark.