Should non-residents file capital gains tax?
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Should non-residents file capital gains tax?
For individuals who are non-residents of UK and are investing in the UK, it is important to understand the tax system in the UK, particularly capital gains tax. While many assume they are exempt from UK tax simply because they live overseas, this is not always the case. Since recent changes in UK tax law, non-residents are indeed liable for non resident capital gains tax made from the sale of certain UK assets, especially property. Capital Gains…
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