In April 2015, the scope of capital gains tax (CGT) for non-residents was widened to include a residential property held as an investment. Before that change, a non-resident individual’s exposure to CGT was limited to disposals of assets connected with a trade that he or she was carrying on in the UK.

With effect from April 2019, CGT for non-residents has been expanded to include disposal of commercial property investments and disposal of properties owned indirectly (for example, by being held in a corporate wrapper).

Here we look at the case of Ron, which illustrates some matters that need to be considered when assessing the CGT payable by a non-resident.