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Money Advise - Returning back to the UK

Money Advise - Returning back to the UK

Old Aug 16th 2007, 12:23 am
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Default Money Advise - Returning back to the UK

After 9 years living in the Caribbean I am returning to the UK next month.
I will transfer the bulk of my saving back to the UK before my return, however I am still holding approx 20,000 GBP of US stock if I do not sell them until I am a resident again the UK will there be any tax implications? Do I need to ensure all my money is sent back to the UK before I return? With the meltdown in the American markets I wanted to hold onto my stocks for a few more months. If anyone has any other comments about tax implications would be very much appreciated.
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Old Aug 16th 2007, 11:56 am
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Default Re: Money Advise - Returning back to the UK

Originally Posted by RichardT
After 9 years living in the Caribbean I am returning to the UK next month.
I will transfer the bulk of my saving back to the UK before my return, however I am still holding approx 20,000 GBP of US stock if I do not sell them until I am a resident again the UK will there be any tax implications? Do I need to ensure all my money is sent back to the UK before I return?
From a tax point of view, makes no difference.
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