Hope you can help me with this question please.
I am looking at calculating amount of capital gains on property sale following divorce. I have bought property from my ex wife but we agreed that any cg due would be paid between us even though it is her tax liability.
Property was purchased jointly in May 2001. My ex moved out of the property in June 2008 and lived in rented accommodation until August 2012 when she bought another property. I bought her out in Sept 2016. My question is which date signifies the end of her private resident relief for the property (Jun 2008 or Aug 2012). Clearly the possibility of an extra 50 months relief has quite an impact on the tax liability.
Any help most appreciated. Thanks
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