Chris Smith

Hi, I am in a similar position to the op. I have been resident outside the UK for 11 years now and I am about to sell some UK based shares. My UK accountant advised me that there is no need to submit a return as I will pay CGT in my country of residence. I am set up to receive the proceeds from the sale of the shares, but do I need to let HMRC know what's happening with the money? The money will be paid into a UK bank account and I will transfer it in person to my local account when I visit the UK next week. Do I need to make a report on this to HMRC to explain what I'm planning to do? Thanks.