Property News · February 12, 2014

How to calculate capital gains tax when selling a home you no longer live in


A reader has rented out her flat for six years. Now that she has sold it, what does she owe in capital gains tax?Q I bought my flat in 2005 for £280,000, lived in it for one year, then moved in with my boyfriend and rented my flat out. In 2012, almost exactly seven years after buying it, I sold it for £407,500.   Continue reading…

Source : theguardian.com
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