Non-Resident Property Sales

Non-resident landlords who are looking to sell a UK property must comply with HMRC’s rules on non-resident capital gains tax. This was introduced on the sale of residential land and property from April 2015, and on the sale of commercial land and property as well as indirect disposals of land and property from April 2019. It is essential that any UK land and property disposals are reported to HMRC and any capital gains tax liability paid within 30 days of the completion of the conveyancing process.

We support our clients by calculating the most tax efficient non-resident capital gains tax liability, as well as ensuring that the reporting requirements to HMRC are completed within the 30 day window.

We also provide support to offshore companies which sell UK land and property, by registering them with HMRC to report any corporation tax liability.