Property Tax

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Guest

Property Tax

Post by Guest »

Does anybody know what the situation ref CGT is for the following scenario...Appreciate any advice...

Now living in Algarve with a commercial (Shop) in UK...owned for the last 8years and now wishing to sell and will show a Capital Gain....

If I pay UK CGT....how much would that be (%)

If I stay out of UK for 5 years I beleive I will not be liable to CGT in UK....but will I be liable here in the Algarve ?? and if so how much (%)

Any experts out there...??

Thank you
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