Yes, as I indicated in my previous post, if the sold property is located in the UK, the sale will be taxed in the UK, regardless on the destination you have for the profit.
The Spanish Tax office...
Type: Posts; User: sugarmouse
Appreciate your clarification on this matter
Yes, as I indicated in my previous post, if the sold property is located in the UK, the sale will be taxed in the UK, regardless on the destination you have for the profit.
The Spanish Tax office...
? even if I am tax resident in Spain
ie sell...
Hello Sugarmouse,
No, you do not have to pay CGT in Spain, as the sold property is located in UK and is subject to BritishTax And Propety Law. Spain has no competences there.
Regards,
?...
capital gains tax
we are selling our house here in the UK - our primary residence which we bought in 2003
The gain from the original price and the expected selling price will be 150K.
We intend buying in Spain...