FA2015/S37 and FA2015/Sch 7 enact the provisions that extend CGT to chargeable gains accruing to non-UK resident persons on the disposal of an interest in UK residential property. The legislation refers to this as ‘non-resident CGT’ or ‘NRCGT’.

FA2015/S37 confirms that the scope of the provisions also covers individuals in the overseas part of a split year. Guidance on the Statutory Residence Test and what amounts to a split-year can be found in the RDR3: Statutory residence Test.

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