[matt]

Can anybody set my mind at ease. We have just sold our house in the UK, We currently live in Christchurch.
My worry is because we sold our house for a healthy profit do we pay capital gains tax? We will be transfering our money to NZ when the contracts are signed. Would I be better of leaving our money in the UK and transfering small amounts until it was all here? Any help and advise would be gratefull as I dont want to pay another penny into Blairs broken goverment :cheers. Ps my funds are well below £250,000 does this make a difference at all

[Trigirl]

If it was where you lived in the UK chances are good you won’t need to pay tax on it. Your main residence is covered by an exemption from the capital gains tax rules.

How you move your money over (in small or large amounts) makes no difference to your tax liability.