Samantha Mason advises conveyancing solicitors on the rules governing ?the tax on gains arising from the sale of UK property

As we enter the new year, it is always useful to reflect on the changes implemented throughout the previous one, and how they have impacted on solicitors’ firms and their clients to date.

There has, of course, been ?an abundance of change throughout 2015; however, ?I would like to take the opportunity to revisit the rules surrounding the new non-resident capital gains tax (NRCGT), which conveyancing solicitors should hopefully be well aware of by now.

As a reminder, the new tax relates to capital gains arising ?on the sale of UK residential property in the period from 6 April 2015 to the disposal date. HMRC requires a NRCGT ?return to be submitted and ?the associated tax paid within ?30 days of the sale of the...

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