Ron

Hi, Thanks for your reply, I do realise that I have do a tax return as a non resident for my half which would be £41,000 minus deductions. The other person is a UK resident, So will they still have to do a tax return for their half, of the 50 / 50 split. for their £41,000 ? The below is from the HMRC website guidance: "You still need to report your gains in your tax return if both of the following apply: • the total amount you sold the assets for was more than £50,000 • you’re registered for Self Assessment " As I see it the other persons total amount is less than £50,000 and they are not registered for self assesment. Please advise ? Regards

I have a question I am UK citizen but lived in Spain for 20 plus years and i am a tax resident in Spain, I have just recently sold a house in the UK which is a joint investment 50- 50 share split with another person, The gain before any deductions is 82,000 pounds, I have read there is no capital gains to report if under 50,000 pounds, Could we be entitled to this split if we only gained 41,000 pounds each, and do two separate tax disposals ?