storit Storey

Thank you for your reply, following your links has raised a couple of follow on questions. 1. re-basing from 2015 vs 2019, which one would applicable to calculate the gain( bought the house in 2001) ? 2. I understand that I have to report the sale to HMRC, but does that mean that mean that I have to pay CGT in the UK as opposed to Italy? The Italian authorities have always insisted on all worldwide income being taxed Italy so far. Will the double taxation agreement determine which jurisdiction will prevail in my case? Many thanks

Hi I am resident in Italy, including for tax purposes, and in the process of selling my UK property, currently SSTC and undergoing conveyancing. The property was bought in 2001, used as PPR until 2007, then rented out when I moved to Italy. All salary(Italian) ,rental income (UK) and property ownership (UK) tax etc has been paid in Italy since 2007. From what I understand the difference in value between April 2015 and todays sale price is what may be liable for CGT. Once the sale is complete will CGT be payable in the UK or will it, under the double taxation agreement, be due in Italy ? What is the best route to avoid double payments and having to claim back from one or other authorities? Many Thanks