Compliance

Staying Compliant in the UK: Non-Resident Capital Gains and NIC Changes from April 2026

As Budget 2025 rolls out changes to non-resident capital gains and National Insurance for those abroad, individuals with UK ties need to prepare to avoid unexpected tax bills and maximise reliefs.

By NomadicTax Research Team • 5-8 min read • February 22, 2026

## What’s changing from April 2026 in the UK Budget 2025 introduced several important legislative shifts effective from **6 April 2026** (for individuals) and **1 April 2026** (for companies): - **Non-Resident Capital Gains**: New rules will redefine what entities qualify as “property rich,” tighten definitions for protected cell companies, and simplify administrative regimes. ([gov.uk](https://www.gov.uk/government/publications/budget-2025-overview-of-tax-legislation-and-rates-ootlar/budget-2025-overview-of-tax-legislation-and-rates-ootlar?utm_source=openai)) - **Abolition of the Dividend Tax Credit for Non-UK Residents**: From 6 April 2026, non-resident individuals will no longer receive a notional tax credit on UK company dividends. ([gov.uk](https://www.gov.uk/government/publications/budget-2025-overview-of-tax-legislation-and-rates-ootlar/budget-2025-overview-of-tax-legislation-and-rates-ootlar?utm_source=openai)) - **Voluntary Class 2 NICs Abroad Removed**: From the same date, access to Class 2 National Insurance contributions for employees and most self-employed abroad is withdrawn. Class 3 VNICs conditions tightened: new applications need 10 continuous years lived in UK or 10 qualifying years. ([gov.uk](https://www.gov.uk/government/publications/budget-2025-overview-of-tax-legislation-and-rates-ootlar/budget-2025-overview-of-tax-legislation-and-rates-ootlar?utm_source=openai)) - **Employer NIC Relief for Veterans Extended**: The relief will continue until April 2028. First-year veterans’ earnings up to the veterans’ upper secondary threshold (around £50,270) will not attract employer NICs. ([gov.uk](https://www.gov.uk/government/publications/budget-2025-overview-of-tax-legislation-and-rates-ootlar/budget-2025-overview-of-tax-legislation-and-rates-ootlar?utm_source=openai)) ## Who’s most affected? - **Non-UK residents or ex-patriates** owning UK property or receiving UK dividends. - **Self-employed people or contractors living abroad**, relying on voluntary NIC to maintain state pensions or benefits. - **Employers hiring veterans**, especially those approaching the income threshold. ## Actionable Compliance Tips - Review UK property holdings and consider structuring sales before 1 April if favourable under old capital gains rules. - Dividends from UK companies received by non-residents: calculate tax liability without the credit starting April 2026. - If abroad and paying into UK's NIC system: consider applying earlier or understanding whether you meet new criteria. - Employers working with veterans: verify employee eligibility to optimize benefits and minimize employer NIC costs. ## Case Example Anna, living in Canada, with some UK property gains scheduled in 2026–2027. Under the revised non-resident capital gains regime, she may face higher gains taxation. If she sells before 1 April 2026, or restructures through a non-property-rich entity, she could save significantly. Meanwhile, a self-employed UK citizen living in Spain who paid voluntary NICs under the old rules might lose that access unless criteria are met. ## Broader Advice - Keep residence, domicile, and physical presence records clear. - Use tax advice when dealing with cross-border issues; small mistakes can trigger huge exposures under capital gains or NIC regimes. - Monitor HMRC consultations and guidance if changes are proposed but not yet fully legislated. ## Summary UK’s April 2026 changes tighten up rules for non-residents, reshape NIC contributions for expatriates, and remove a long-standing dividend tax credit. For any global citizen with UK ties—or anyone planning income or property exposure to UK jurisdictions—these are changes you cannot ignore.