Returning to the UK
Apr 13th 2017, 11:54 am
#1
Forum Regular
Thread Starter
Joined: Nov 2008
Location: Fremantle, WA
Posts: 76
Returning to the UK
Hi all
I can't believe it has been over four years since I last felt the need to post.
I was just wondering whether anybody could advise on the following circumstance.
I moved to australia in April 2009 and got married. I retained my house in the UK which has since been lived in by my daughter who has continued to pay the mortgage and bills.
Despite my love of Australia, things aren't going to well on the personal front. If I was to return to the UK to start my life back up again on my own, where would I stand in relation to selling my home in the UK and buying somewhere else in the UK to start afresh? I am thinking specifically in terms of capital gains tax. Would I have to live back in my home for a certain amount of time to avoid this or would I still be liable however long I moved back in before I sold it.
PS Happy Easter all !!
I can't believe it has been over four years since I last felt the need to post.
I was just wondering whether anybody could advise on the following circumstance.
I moved to australia in April 2009 and got married. I retained my house in the UK which has since been lived in by my daughter who has continued to pay the mortgage and bills.
Despite my love of Australia, things aren't going to well on the personal front. If I was to return to the UK to start my life back up again on my own, where would I stand in relation to selling my home in the UK and buying somewhere else in the UK to start afresh? I am thinking specifically in terms of capital gains tax. Would I have to live back in my home for a certain amount of time to avoid this or would I still be liable however long I moved back in before I sold it.
PS Happy Easter all !!
Apr 16th 2017, 12:57 am
#2
Still alive
Joined: Jan 2006
Posts: 28,994
Re: Returning to the UK
Hi all
I can't believe it has been over four years since I last felt the need to post.
I was just wondering whether anybody could advise on the following circumstance.
I moved to australia in April 2009 and got married. I retained my house in the UK which has since been lived in by my daughter who has continued to pay the mortgage and bills.
Despite my love of Australia, things aren't going to well on the personal front. If I was to return to the UK to start my life back up again on my own, where would I stand in relation to selling my home in the UK and buying somewhere else in the UK to start afresh? I am thinking specifically in terms of capital gains tax. Would I have to live back in my home for a certain amount of time to avoid this or would I still be liable however long I moved back in before I sold it.
PS Happy Easter all !!
I can't believe it has been over four years since I last felt the need to post.
I was just wondering whether anybody could advise on the following circumstance.
I moved to australia in April 2009 and got married. I retained my house in the UK which has since been lived in by my daughter who has continued to pay the mortgage and bills.
Despite my love of Australia, things aren't going to well on the personal front. If I was to return to the UK to start my life back up again on my own, where would I stand in relation to selling my home in the UK and buying somewhere else in the UK to start afresh? I am thinking specifically in terms of capital gains tax. Would I have to live back in my home for a certain amount of time to avoid this or would I still be liable however long I moved back in before I sold it.
PS Happy Easter all !!
Apr 16th 2017, 2:36 am
#3
Forum Regular
Thread Starter
Joined: Nov 2008
Location: Fremantle, WA
Posts: 76
Re: Returning to the UK
Thanks Dorothy. I'll do that.
