A new 30 day requirement to file a return and to pay any capital gains tax owing on the sale of property in the UK has now commenced, with penalties and interest payable if the requirements are not met. When a residential property in the UK is sold and the exchange and the completion dates […]
capital gains
Capital Gains Tax Hit for Australian Expats
Legislation has now passed the Australian Parliament that will significantly affect many individuals who are not resident in Australia and who sell a former home in Australia while living overseas. The Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures) Bill 2019 cleared both House of Parliament yesterday and will now proceed to Royal Assent. […]