There is speculation that, on the 5th December 2013 (the date of the Autumn Statement), capital gains tax will be introduced for non-residents.
The rumour is that this is most likely to be aimed at individuals who personally hold property (rather than through a corporate entity). It may have an impact on whether to acquire new property through a company or through a different structure.
We will need to wait until the Chancellor delivers his report to see whether this speculation has any foundation. If you are concerned with any changes announced in the Autumn Statement, please contact Clare Munro, tax partner.