Expats caught in property tax raid

Updated
For sale sign
For sale sign

Thousands of Britons living abroad look set to be hit by plans designed to ensure that wealthy foreigners who buy and sell British property "pay their fair share".

The warning comes after deputy prime minister Nick Clegg said the government was considering charging capital gains tax on UK flats and houses sold by overseas nationals.%VIRTUAL-SkimlinksPromo%

Advertisement