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Posted Mon, 27 May 2024 23:35:11 GMT by S Starling
My husband and I live and work in the USA and own and live in a property as our main home there. We are moving to the UK next year. We own 2 properties in the UK, will this affect what Capitol gains we pay?
Posted Fri, 31 May 2024 12:08:11 GMT by HMRC Admin 20 Response
Hi S Starling,
HMRC cannot comment on future events as legislation and/or plans may change.
However, based on current guidance you would need to determine which property is in fact your main residence:-
CG64485 - Private residence relief: only or main residence: two or more residences: right of nomination
Thank you.

 

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