NRI Playbook: Capital Gains Tax in the UK (2025 Update)

Allowances, rates, reporting on HMRC, and common pitfalls—explained with examples.

Capital Gains Tax (CGT) applies when you sell an asset and make a gain. As an NRI living in the UK, the rules depend on your UK tax residency and the asset type.

Allowance: Know your annual exempt amount and track disposals.
Rates: Basic vs higher/additional rate bands can apply differently for property.
Reporting: SA100/SA108 or 60-day CGT return for UK residential property.

Bookmark-worthy tip: Keep a simple disposal log with acquisition cost, fees, index of supporting docs.