CGT on property purchased as non-resident, but now moved home

Hi. I bought a property in 2010 when living and full resident in Hong Kong. Had property re-appraised for value April 2015 when CGT rules changed to include non-residents. In 2021 I moved home to London and am now resident here. Do I now pay full CGT on the price difference between now and 2010? Or only on the difference between now back to 2015? Effectively, does the fact that I bought it as a non-resident matter to how I act now?

Hi,

The guidance at CG73760 refers to non-resident individuals who would be chargeable to CGT on disposals of UK residential property interests if they were UK resident at the time of disposal.

CG73760 - Non-Resident Capital Gains Tax (NRCGT) – Disposals on or after 6 April 2015 to 5 April 2019: Individuals: Special rules, and computation

As you will be resident in the UK at the time of disposal, these rules do not apply. Your acquisition costs in 2010, should be used when calculating any capital gains liability.

Thank you.