Mike Bevan
Joined: 9/5/2024
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Capital Gains Tax on Oveseas Property
As a British passport holder, I have lived as a UK non resident overseas in Europe for the last 10 years in a property I own. I plan to move back to the UK, buy a UK home and sell my overseas home. I will have to pay increased stamp duty, as the UK property will be a second home, but when I eventually sell my overseas property will I be able to claim the addition stamp duty back, and will I have to pay Capital Gains Tax on this property? Thanks,