Non-UK residents - further aspects

In this lesson

1. 0:00 Private residence relief for non-UK residents
2. 0:07 PRR eligibility and occupation rules
3. 0:28 Letting relief and overseas property PRR
4. 1:07 Other CGT reliefs available to non-residents
5. 2:17 Elena's case study worked example
6. 3:39 Calculating PRR relief step by step
7. 4:41 Non-UK resident capital losses rules

About this lesson

You'll discover the key rules for claiming PRR based on occupation periods, the 90-night test, and how reliefs like rollover relief and gift relief work within the UK CGT net. Through a worked example, you'll see how to calculate the chargeable gain when a non-UK resident sells a former home, and understand how losses on UK property disposals are restricted and carried forward. The video covers the specific conditions for private residence relief when you've moved abroad but still own UK residential property. You'll learn that PRR applies for any period you actually lived there, plus the final nine months of ownership, and that the 90-night rule determines whether an entire tax year counts as occupation. The lesson also explains when letting relief is unavailable for non-UK residents, and explores other reliefs you may qualify for, including rollover relief and gift relief on UK business property. A practical illustration walks you through calculating Elena's chargeable gain on a UK property sale after emigrating to Canada. You'll see how to apply the PRR fraction based on qualifying months of occupation against total ownership months, and how to handle the restriction on losses. This content is essential for the Taxation paper and helps you understand how the CGT rules shift when your residency status changes.

Duration: 5m