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5-Year Rule

Answer
needtoknow
Posted Tue, 12 Nov 2024 12:52:26 GMT by needtoknow
I have been a UK tax resident since the Fiscal Year of “6 April 2022 – 5 April 2023”. This is now my 3rd year as a UK tax resident. The UK laws state that: If I am away from UK in the coming 5 years (i.e. 6 April 2025 to 5 April 2030) and also sell my foreign property during these coming 5 years, I will be exempt from the “capital gains tax” in UK. I would like to know: What is the maximum number of days that I can stay in UK in each of the coming 5 years so that I can comply with this 5-Year rule?
Answer
HMRC Admin 19 Response
Posted Thu, 14 Nov 2024 15:24:30 GMT by HMRC Admin 19 Response
Hi,
We cannot comment on future events as legislation may change.
Thank you.

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