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UK non-residents (see UK1.4–UK1.4.1) are liable to UK capital gains tax on the following gains in the tax year in which the disposal takes place:

1. Ìý

   •ÌýÌýÌýÌý gains arising on chargeable disposals of interests in UK land (whether made directly by the owner or indirectly via the sale of shares in a company that holds UK land). See 'Non-resident capital gains tax' below

2. Ìý

   •ÌýÌýÌýÌý gains arising on chargeable disposals of UK chargeable assets that are used in the individual's UK trade carried out through a UK branch or agency. See 'Trading through UK branch or agency' below

(TCGA 1992, s 1A(3)).

These rules also apply to gains arising in the overseas part of a split year of residence (TCGA 1992, ss 1A(3), 1G). See UK1.2.1.

Also, irrespective of this, if the individual is UK non-resident for fewer than five years, they may be caught by the temporary non-residence rules, which means certain gains arising during the period of non-residence are taxed on return to the UK. See 'Temporary non-residence' below.

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