Mohammad Asadullah
Joined: 10/8/2024
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RE: Sending money from abroad to UK account
Hi, I moved back to UK in 2022 from Czech Republic where I was a permanent resident as an EU citizen(British National) with my wife(Ukrainian) and son (born in Czech Republic). I have just sold our house (main residence) in Czech Republic and will be using the proceeds to purchase our main residence in UK as we are currently renting here. Am I correct to understand that I pay no taxes on property sold abroad if it was our main residence?. I owned this house for 8 years. Thank you in advance for a guiding reply.