(1). State the circumstances in which an individual may be regarded as a temporary non-resident for the purposes of CGT.
(2). Eider had always been resident and domiciled in the UK until she moved to the country of Twitcheria for a three-year period on 1 May 2019 at which point she ceased to be UK resident. In 2021 Eider will sell two properties, neither of which is a residential property.
Property 1 was acquired in August 2014 and is situated in Twitcheria.
Property 2 was acquired in July 2020 and is situated in the UK.
Explain the UK CGT implications of the disposal of the two properties.
(3). Sparrow was born in the country of Twitcheria but has acquired a UK domicile and has been UK resident for 25 years. Sparrow intends to leave the UK on 1 July 2019 and to move to New Zealand. He will cease to be UK resident and UK domiciled from the date of his departure.
What matters need to be considered in order to determine Sparrow’s deemed domicile status, for the purposes of UK income tax and CGT, following his move to New Zealand?