Annual exempt amount: residence in the UK
The annual exemption is not restricted where an individual or trust becomes or ceases to be resident or ordinarily resident in the United Kingdom during a year of assessment.
Non-resident individuals or trustees trading in the United Kingdom through a branch or agency are entitled to the appropriate exemption.
For non-resident trusts forming part of a group, see CG18113(a).
*For 2013/14 and subsequent years ordinary residence does not need to be considered.