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















