Hello,
I have been living in Switzerland for about 6 months, I would like to start investing in UK stocks.
As I understand it if I stay out of UK for 5 years I will be exempt from Capital Gains Tax (CGT), however I am not sure how long I will be staying away.
Can I ask if I return to the UK after 3 years will I be able to make use the of £10,600 exemption when my CGT bill is worked out, i.e. if I return after 3 years with £30K of gains I pay no tax?
Also does anyone have any further tips for investing tax efficiently in Switzerland for someone who will eventually want to return to the UK? (My main concern in CGT but I am open to any other thoughts)
I have been living in Switzerland for about 6 months, I would like to start investing in UK stocks.
As I understand it if I stay out of UK for 5 years I will be exempt from Capital Gains Tax (CGT), however I am not sure how long I will be staying away.
Can I ask if I return to the UK after 3 years will I be able to make use the of £10,600 exemption when my CGT bill is worked out, i.e. if I return after 3 years with £30K of gains I pay no tax?
Also does anyone have any further tips for investing tax efficiently in Switzerland for someone who will eventually want to return to the UK? (My main concern in CGT but I am open to any other thoughts)
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