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Posted 8 days ago by Marcin
I currently own an apartment, that I live in. My wife and I, are planning to move abroad, and our plan is to: - buy a property abroad (EU / EMEA) - move there - sell our apartment in the UK Based on the above criteria, I would like to find out what taxes would we be liable for if any ? Am I correct to understand that in this scenario - if we sell the property in the UK, we would not have toi pay CGT ? Are there any other taxes we should be aware of ?
Posted 4 days ago by HMRC Admin 25 Response
Hi Marcin,
No taxes would be due as long as the property is sold within 9 months. if not, you may be liable for capital gains.
Please see guidance here: 
Report and pay your Capital Gains Tax
Thank you. 

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