S Lawrence
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Former non UK resident selling overseas primary home and then returning to UK
I was previously a non UK resident residing in USA for 5 years. I owned a house there with my husband and we sold it in May 2023 prior to moving back to the UK a couple of days later. I'm trying to fill in my self assessment for 2023/2024 but I'm confused about the capital gains section. I know you don't pay capital gains when you sell your home if it's your primary residence, but does that still apply if the home is overseas? We didn't own any other property at the time of the sale. When we moved to the UK we moved into rented accommodation. Do I need to declare capital gains?