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No escape
Key points
- The UK tax regime includes anti-avoidance rules known as the ‘temporary non-residence rules’.
- When is a person temporarily non-resident?
- An individual may be resident for tax purposes in more than one jurisdiction and may benefit under the provisions of a double tax treaty.
- Historically non-UK residents were not subject to CGT but since 2015 non-UK resident individuals have been liable to CGT in respect of UK residential property.
- An individual can ‘elect’ for a property to be treated as their main residence for the purposes of PPR relief.
- Individuals ceasing UK residence who wish to minimise their exposure to UK tax during their non-residence should ensure that they remain non-UK resident for at least six clear tax years.
Leaving the UK for tax purposes is a complicated matter. Becoming non-UK resident is not in itself enough to escape the UK tax net. In some cases the UK’s...
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