Ask an UK Tax Question, Get an Answer ASAP!
I hope this is helpful and answers your question.
If you have any other questions, please ask me before you rate my service – I’ll be happy to respond.
Thank you for the answer.
Just to clarify, as a Russian citizen, there is no problem with me buying a property in UK?
Also, if I just use it for my own residential purposes (when I visit) - do I need to pay any tax?
I heard that if I sell the property after 1 year, with a profit, then I do not need to pay any CGT? Is it the case?
I notice you have viewed my response to your original question on income tax and capital gains tax implication of buying a property in the UK (JACUSTOMER-foojy950- Last Viewed on 9/25/2013 at 8:11 AM).
Just checking to see if you have any issues relating to your question that I may not have addressed. Please let me know if I can be of further assistance.
If you are happy and there are no more issues I will appreciate if you would kindly rate the service I provided to ensure I get paid for it.