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Returning to UK
We have been in Canada since 2008, first Ontario but now Alberta. We have decided it’s time to go home now, has anyone else done it and have tips for us on things like tax liability if we sell our house here to buy one in the UK.
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Re: Returning to UK
Originally Posted by JonLewis
(Post 13250284)
We have been in Canada since 2008, first Ontario but now Alberta. We have decided it’s time to go home now, has anyone else done it and have tips for us on things like tax liability if we sell our house here to buy one in the UK.
One tip I’ve picked up is to sell your Canadian house ie close on it and receive the money, before you leave. Tax gets complicated if you leave earlier. Also complete a ToR form to declare any goods you’re shipping as your personal items, so not taxable. |
Re: Returning to UK
Originally Posted by Twitcher1958
(Post 13250418)
One tip I’ve picked up is to sell your Canadian house ie close on it and receive the money, before you leave. Tax gets complicated if you leave earlier. Also complete a ToR form to declare any goods you’re shipping as your personal items, so not taxable.
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Re: Returning to UK
Sorry - I should have included the relevant link
https://www.gov.uk/guidance/transfer...-great-britain |
Re: Returning to UK
There's a Moving Back to the UK folder. I should think every possible issue has been discussed there umpteen times.
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