Open consultation | Non-resident capital gains tax

Draft regulations: The UK Property Rich Collective Investment Vehicles (Amendment of the Taxation of Chargeable Gains Act 1992) Regulations 2021.

The Finance Act 2019 expanded the scope for taxing gains made by non-UK residents on UK property, including specific rules for ‘UK property rich’ collective investment vehicles (CIVs) and their investors.

HM Revenue & Customs welcome views on draft amendments to legislation about the taxation of UK property rich collective investment vehicles (CIVs) and their investors. This consultation closes at 11:45pm on 16 December 2020. Click here for more information.