wanttoask
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4 Years of FIG -- as in the Autumn Budget 2024
I started to become a UK tax resident from the fiscal year of 6 Apr 2022 - 5 Apr 2023. The fiscal year of 6 Apr 2025 - 5 Apr 2026 will be my 4th year as a UK tax resident. I have a property in a foreign country. According to the section of “Changes to the taxation of non-UK domiciled individuals” in the Autumn Budget published on 30 Oct 2024: https://www.gov.uk/government/collections/changes-to-the-taxation-of-non-uk-domiciled-individuals If I sell the property in foreign country during the period of 6 Apr 2025 - 5 Apr 2026, i.e. during my 4th year as a UK tax resident, I do NOT need to pay the Capital Gains Tax. Is it correct?