If you are planning on selling your property in the UK, we can advise you on the UK and Australian tax implications before you sell your UK property including:
- Calculation of UK Capital Gains Tax.
- Calculation of Australian Capital Gains Tax.
- Availability of Capital Gains Tax reliefs in the UK and Australia.
- Application of the UK/Australian Double Tax Agreement.
- Completion of the UK’s UK Capital Gains Tax Return within 60 days of the sale if the sale occurred on or after 27 October 2021. Prior to that the deadline was 30 days following the sale of the property.