Thousands of Britons caught up in tax raid on wealthy foreigners

Property & Home
1

Thousands of Britons living abroad face being caught up in a tax raid on wealthy foreigners buying and selling property in the UK.



George Osborne, the Chancellor, is preparing to announce that capital gains tax will be charged on British property sold by overseas nationals and expats.


Would this effect you



http://www.telegraph.co.uk/expat/expatnews/10458673/Thousands-of-Britons-caught-up-in-tax-raid-on-wealthy-foreigners.html

2

me too! perhaps if I had something back in blighty i'd think differently, but I'd be taxed on it here anyway, as you've already said, Grahame.

3

then aren't they just closing a loophole that shouldn't exist?

4

isn't that normal if it isn't their primary residence?