AkMil Posted December 20, 2021 Share Posted December 20, 2021 Hello, I have a CGT question on a property in the UK which I am in the process of selling. It was my main residence for many years, however, in the last few years it was rented out as I moved to NSW. I am renting a property here, looking to sell the UK property and move money across to Australia to buy a property to live in with my family. There is a loan on the property in the UK, after it is repaid back, it will leave some profit. I assume I will need to pay CGT in the UK on that even in proceeds are used to purchase a home to live here in NSW? Not sure if anyone knows the answer to the above and if not, does anyone know an international tax professional I could speak to? Quote Link to comment Share on other sites More sharing options...
Alan Collett Posted December 20, 2021 Share Posted December 20, 2021 Feel able to complete the enquiry form at bdhtax.com if you would like a freebie initial chat. Best regards. Quote Link to comment Share on other sites More sharing options...
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