Non-residents CGT: implications for real estate funds

United Kingdom

The Government has published responses to the consultation released in November 2017, and draft legislation for the basic rules. Legislation is yet to be released in relation to collective investment vehicles (“CIVs”), but we now have greater clarity on how those rules are likely to work, particularly for exempt investors, such as UK pension schemes.

Please see our previous publications:

Non-residents and real estate - Budget 2017: extension of capital gains

Tax Guide: non-residents and real estate budget 2017

Non-residents and real estate Budget 2017: where does this leave the JPUT?