{"id":27731,"date":"2016-09-29T13:00:35","date_gmt":"2016-09-29T06:00:35","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-i-pay-cgt-if-i-sell-my-buy-to-let-to-help-fund-a-new-home\/"},"modified":"2016-09-29T13:11:22","modified_gmt":"2016-09-29T06:11:22","slug":"will-i-pay-cgt-if-i-sell-my-buy-to-let-to-help-fund-a-new-home","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-i-pay-cgt-if-i-sell-my-buy-to-let-to-help-fund-a-new-home\/","title":{"rendered":"Will I pay CGT if I sell my buy-to-let to help fund a new home?"},"content":{"rendered":"


\nI\u2019m hoping I don\u2019t need to pay capital gains tax as I am using the \u2018gain\u2019 to help me move from one main residence to anotherQ I would really appreciate your advice on capital gains tax (CGT). I own a second property, which I have let out for the past 10 years. I have declared the rental income each year on my self-assessment tax return. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Will I pay CGT if I sell my buy-to-let to help fund a new home?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I\u2019m hoping I don\u2019t need to pay capital gains tax as I am using the...<\/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-27731","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\/p75ss1-7dh","jetpack-related-posts":[{"id":135847,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-capital-gains-tax-apply-if-a-sale-of-a-buy-to-let-property-is-used-to-purchase-another\/","url_meta":{"origin":27731,"position":0},"title":"Will capital gains tax apply if a sale of a buy-to-let property is used to purchase another?","date":"April 10, 2023","format":false,"excerpt":"\r The proceeds for the first house would be fully used as a deposit for the larger second oneQ I own a buy-to-let property and am considering selling it to fund the purchase of a larger buy-to-let investment property. In essence, I would be moving the investment from property one\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113891,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/if-i-sell-a-buy-to-let-property-and-buy-another-can-i-defer-cgt\/","url_meta":{"origin":27731,"position":1},"title":"If I sell a buy-to-let property and buy another, can I defer CGT?","date":"January 27, 2020","format":false,"excerpt":"\r A landlord appears to be hoping he can claim business asset roll-over relief to delay paying taxQ If I sell a buy-to-let property and immediately use proceeds to buy another, is the payment of capital gains tax deferred?SKA Short answer: no. You are clearly hoping that selling a buy-to-let\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":27731,"position":2},"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":[]},{"id":138876,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-a-uk-property-seller-living-abroad-am-i-liable-for-sneaky-stealth-taxes-such-as-cgt\/","url_meta":{"origin":27731,"position":3},"title":"As a UK property seller living abroad am I liable for \u2018sneaky stealth taxes\u2019 such as CGT?","date":"August 21, 2023","format":false,"excerpt":"\r I lived abroad for 20 years but will return this tax year to sell my sole UK homeQ If you sell your main home which you have let while yourself renting another place or places to live are you exempt from [capital gains tax] CGT? All the pieces I\u2019ve\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52349,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-newlyweds-what-capital-gains-tax-will-we-pay-if-we-sell-one-of-our-flats\/","url_meta":{"origin":27731,"position":4},"title":"As newlyweds, what capital gains tax will we pay if we sell one of our flats?","date":"April 20, 2017","format":false,"excerpt":"\r My husband and I are worried about how much time we have to sell before CGT and higher rate stamp duty kick inQ I recently got married and we each own a flat. I was told by a friend that if we wanted to avoid capital gains tax (CGT)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117824,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/capital-gains-tax-review-your-questions-answered\/","url_meta":{"origin":27731,"position":5},"title":"Capital gains tax review: your questions answered","date":"July 16, 2020","format":false,"excerpt":"\r All you need to know about CGT and the possible outcomes of the chancellor\u2019s surprise reviewIs capital gains tax (CGT) going to rise dramatically as the government attempts to claw back the cost of extra spending during the coronavirus pandemic? A surprise review of CGT unveiled on Tuesday by\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\/27731"}],"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=27731"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/27731\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=27731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=27731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=27731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}