Property News · August 21, 2014

Am I liable for capital gains tax after letting my house?


I lived and worked abroad, and then when I came back, I carried on letting the houseQ I’m confused about capital gains tax. I purchased my property in 2006 for £159,000 with a mortgage of £147,500. I am just about to complete on the sale of my property which has gone under offer for £310,000.I was offered a job abroad in November 2011 and let the property then. In 2012 I returned to the UK and had a baby and continued to live elsewhere in rented accommodation. Continue reading…

Source : theguardian.com
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