Capital gains tax

[Chilli]

I live abroad, have done for 5 years. If I sell a property in England, I guess I'm still going to have to pay CGT?
Can anyone advise?
Cheers.

[schmunk]

If you sell the property during a period of 5 years of being Not Resident in the UK, you will be exempt from CGT.

N.B. this is counted as a simple 5 year period (I.e. 5 x 365 days). Until 6 April 2013 you had to be out for a period which covered at least 5 complete UK tax years.

If you sell the property after you return to the UK, CGT will be due in full (less any exemptions for periods of [deemed] occupation).

[Chilli]

That's great, thanks very much.