If you live abroad and have a UK residential property you wish to sell, you will now be subject to paying Non Resident Capital Gains Tax (NRCGT) on any profit realised on the sale. However, this has not always been the case and prior to 6 April 2015 you would not have had to pay tax on any such gains made. As a concession therefore, where a property has been owned since before 6 April 2015, tax will only be due on subsequent increases in value, making it important to get a valuation of the property at that date. A gain or loss made by a non-resident owner must be reported within 30 days of the completion of the contract by submitting a NRCGT return online to HMRC. This return must be com
Silk Trading Route between China and India
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