Chortlepuss Posted May 12, 2015 Share Posted May 12, 2015 Prior to going home, I am thinking about buying an investment property in Oz to rent to daughter and friends. I do know that when I move back to UK I lose my Aus tax allowance. We will be moving back to UK property which we own. If we then decide to sell UK property to downsize to another property in UK - are we liable to pay capital gains?? Link to comment Share on other sites More sharing options...
Gbye grey sky Posted May 12, 2015 Share Posted May 12, 2015 Its unlikely you will be liable to CGT but go to this link and hit 'start now' and follow all the questions through. https://www.gov.uk/tax-relief-selling-home Link to comment Share on other sites More sharing options...
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