{"id":126261,"date":"2022-05-02T13:00:45","date_gmt":"2022-05-02T06:00:45","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-much-cgt-should-i-pay-on-a-flat-that-i-both-lived-in-and-rented-out\/"},"modified":"2022-05-02T13:41:34","modified_gmt":"2022-05-02T06:41:34","slug":"how-much-cgt-should-i-pay-on-a-flat-that-i-both-lived-in-and-rented-out","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-much-cgt-should-i-pay-on-a-flat-that-i-both-lived-in-and-rented-out\/","title":{"rendered":"How much CGT should I pay on a flat that I both lived in and rented out?"},"content":{"rendered":"


\nI\u2019m not sure if I am also entitled for lettings relief for the two years I shared the property with a tenantQ I am struggling to work out what capitals gains tax I will owe on the sale of a property. I bought it in April 2007 for \u00a3250,000 and it was my only property. It was my main residence from April 2007 until Dec 2013. I then rented out half of the flat while I still lived there \u2013 from Jan 2014 until December 2015. In January 2016 I moved out and let the whole property, as I married and bought a house with my wife. If I sell the property for \u00a3400,000 in May this year what will I owe? Continue reading…
\n
\nSource : theguardian.com
\nRead more…How much CGT should I pay on a flat that I both lived in and rented out?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I\u2019m not sure if I am also entitled for lettings relief for the two years...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-126261","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wQt","jetpack-related-posts":[{"id":30829,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-inherited-a-house-from-my-late-husband-will-i-pay-cgt-if-i-sell-it\/","url_meta":{"origin":126261,"position":0},"title":"I inherited a house from my late husband \u2013 will I pay CGT if I sell it?","date":"October 20, 2016","format":false,"excerpt":"\r It has been rented out for a few years and I\u2019m not sure if I should move back in to reduce my tax billQ My husband bought a property in 2000 in his sole name. In 2002 we got married and in 2005 we went to live abroad. While\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140740,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-plan-to-sell-my-rented-out-property-to-buy-a-dream-home-will-i-have-to-pay-capital-gains-tax\/","url_meta":{"origin":126261,"position":1},"title":"I plan to sell my rented-out property to buy a dream home. Will I have to pay capital gains tax?","date":"December 18, 2023","format":false,"excerpt":"\r I lived in the \u00a3330,000 house before moving in with my partner but may accept \u00a3310,000 for quick saleQ I am in the process of selling a property to buy another and I am a bit confused about whether capital gains tax (CGT) will apply, so I was hoping\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":846,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-to-calculate-capital-gains-tax-when-selling-a-home-you-no-longer-live-in\/","url_meta":{"origin":126261,"position":2},"title":"How to calculate capital gains tax when selling a home you no longer live in","date":"February 12, 2014","format":false,"excerpt":"\r 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 \u00a3280,000, lived in it for one year, then moved in with my boyfriend and rented my flat out.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":177,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-have-to-sell-a-flat-thats-rented-out-how-much-capital-gains-tax-will-i-pay\/","url_meta":{"origin":126261,"position":3},"title":"I have to sell a flat that's rented out \u2013 how much capital gains tax will I pay?","date":"November 19, 2015","format":false,"excerpt":"\r I am wondering if I would avoid the tax if I moved back into the flat and made it my main home until it sold Q I bought my flat for \u00a344,000 in February 1997 and lived there alone until February 2011. My girlfriend and I then bought and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35638,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-costs-and-tax-are-complicating-our-move\/","url_meta":{"origin":126261,"position":4},"title":"Mortgage costs and tax are complicating our move","date":"November 24, 2016","format":false,"excerpt":"\r My partner\u2019s CGT liabilities from selling his rented property plus divorce-related debt may leave us little for a new place \u2013 have I got the numbers right?Q I am writing in utter despair and I am hoping you can help. My partner owns a house that he has always\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122942,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-i-have-to-pay-higher-rate-stamp-duty-if-i-keep-a-rental-flat\/","url_meta":{"origin":126261,"position":5},"title":"Will I have to pay higher-rate stamp duty if I keep a rental flat?","date":"November 1, 2021","format":false,"excerpt":"\r My husband and I are planning to sell the house we live in, which is our main residenceQ I bought a flat in 2016 and lived there for a couple of years. I then got married in 2018 and moved in to my husband\u2019s house, which he\u2019d bought in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/126261"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=126261"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/126261\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=126261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=126261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=126261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}