I have a South African client who after studying, started working in the UK and while resident and a UK Taxpayer bought a 50% share in a residential property, which was also his primary residence.
3 years ago he left the UK to become a South African resident Taxpayer.
The UK property was then rented to tenants and UK tax returns submitted disclosing the relevant income and expenditure. This was done vis his personal UK Tax Return. Nothing was disclosed on the SA Tax returns.
In March last year he sold the UK Property and transferred the bulk of the proceeds back to South Africa.
Currently that is until next month (April 2015) there is no Capital Gains Tax in the UK in relation to non-UK residents who own residential property, therefore he is not liable for Capital Gains in the UK.
My question is to what extent is he liable for Capital Gains in South Africa? Would it be only for the time that he was a South African resident?