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HMRC internal manual

Capital Gains Manual

From
HM Revenue & Customs
Updated
, see all updates

Valuation: who is not an interested party: non-residents

A person is not an interested person in relation to a question of the market value of an asset or of the apportionment of any amount or value if at the date of that person’s disposal or acquisition of that asset he or she is

  • neither resident nor ordinarily resident in the United Kingdom and is
  • not carrying on a trade profession or vocation in the United Kingdom through a branch or agency
  • or, in the case of a non-resident company, not carrying on a trade in the United Kingdom through a permanent establishment.