{"id":2694,"date":"2015-01-29T14:00:27","date_gmt":"2015-01-29T07:00:27","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-need-to-sell-our-second-home-what-are-the-capital-gains-tax-implications\/"},"modified":"2016-01-26T11:23:02","modified_gmt":"2016-01-26T04:23:02","slug":"we-need-to-sell-our-second-home-what-are-the-capital-gains-tax-implications","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-need-to-sell-our-second-home-what-are-the-capital-gains-tax-implications\/","title":{"rendered":"We need to sell our second home. What are the capital gains tax implications?"},"content":{"rendered":"


\nWe purchased a small flat to be near our daughter, but now we want to be closer to her on a full-time basisQ We have a second home (a small apartment) in Dorset which we bought in October 2011 in order to visit our daughter in Dorchester for a few weeks at a time since our main home in Norfolk. This second home was never let and was solely used for our own private visits to Dorset.In August 2014 we sold our main property in Norfolk and purchased another larger property in Dorset so to be closer to our daughter and grandchildren on a full-time basis. As a consequence we no longer need the smaller apartment. Continue reading…
\n
\nSource : theguardian.com
\nRead more…We need to sell our second home. What are the capital gains tax implications?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

We purchased a small flat to be near our daughter, but now we want to...<\/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-2694","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-Hs","jetpack-related-posts":[{"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":2694,"position":0},"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":110020,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-want-to-sell-my-uk-home-can-i-avoid-capital-gains-tax\/","url_meta":{"origin":2694,"position":1},"title":"I want to sell my UK home; can I avoid capital gains tax?","date":"August 19, 2019","format":false,"excerpt":"\r I\u2019m a Jersey resident and hear that if I live in my UK house for a year, I don\u2019t have to payQ I live in Jersey in the Channel Islands and am looking at selling a house in the UK that I have been renting out for more than\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74182,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lets-move-to-weymouth-dorset\/","url_meta":{"origin":2694,"position":2},"title":"Let's move to\u2026 Weymouth, Dorset","date":"August 10, 2012","format":false,"excerpt":"\r The old place looks like it's changed beyond recognition, but it hasn't reallyWhat's going for it? It's not just the Lea Valley and that tower block in Bow with surface-to-air missiles on the roof that are feeling the Official Touch of the Olympics. Oh no \u2013 2012's largesse spreads\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103338,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sherborne-dorset-packed-with-stories-of-its-ancient-past\/","url_meta":{"origin":2694,"position":3},"title":"Sherborne, Dorset: packed with stories of its ancient past","date":"January 25, 2019","format":false,"excerpt":"\r With its glorious abbey and historic architecture this former Saxon capital could even be a little too perfectWhat\u2019s going for it? Sherborne may be small, but what it lacks in girth it makes up for in history. This place is spilling over with stories. Back in 800 or so\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70442,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-capital-gains-tax-liable-on-an-inherited-property\/","url_meta":{"origin":2694,"position":4},"title":"Is capital gains tax liable on an inherited property?","date":"October 30, 2017","format":false,"excerpt":"\r For 15 years I\u2019ve never really lived in the property, and now I plan on selling itQ I retired 10 years ago and split my time between my holiday home in the Algarve for six months of the year and travelling in my motor home. I do not have\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76020,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-does-my-uncle-have-to-pay-capital-gains-tax\/","url_meta":{"origin":2694,"position":5},"title":"Why does my uncle have to pay capital gains tax?","date":"July 25, 2012","format":false,"excerpt":"\r Before moving into a home, he had lived in his house for more than 30 yearsQ My uncle moved into a care home on the Isle of Wight late last year because he was unable to look after himself properly (he is now 95). He put his house on\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\/2694"}],"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=2694"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/2694\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=2694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=2694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=2694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}