Paul Murphy
Joined: 9/20/2023
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Transferring funds from house sale after becoming a UK resident
Hello, I live overseas and am planning to return to live and work in the UK. I currently own a house - my residence - but do not want to sell it immediately as the market is not great. What are tax implications of selling the property after moving to the UK? Is there a time period where capital gains would not be considered? For example if I sold the property 6 months after commencing work in the UK? 12 months? If capital gains are considered, how would this be assessed? Thanks.