What is Nostr?
suboss
npub1ulv…7kr9
2024-12-04 09:56:05
in reply to nevent1q…us3x

suboss on Nostr: 24% CGT tax is only if you sell assets while a UK tax resident. Thats right I ...

24% CGT tax is only if you sell assets while a UK tax resident. Thats right I believe?

So we could move to eg. Barbados and become tax resident in Barbados sell assets in the next UK tax year ( assets that were bought while you were in a UK tax resident), but because we are no longer a UK tax resudent when selling assets we pay no tax to UK.

That's my current understanding, is that correct?

How do you become a tax resident in Barbados?
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npub1ulvfx7werjfhfxryajpuvdd2j8thmz9wylw4uj727wfcsrtwevrsdd7kr9