Residence and liability to UK tax
The client was a UK resident moving overseas. Our instruction was to assess the client’s liability to UK Capital Gains Tax when disposing of UK investments.
We advised on the following:
- The client’s residence status under the UK Statutory Residence Test
- The client’s liability to UK Capital Gains Tax on disposing of investments while non-UK-resident
- Anti-avoidance rules that could potentially bring disposals back into charge