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Where Taxpayers and Advisers Meet

CGT Relief for Rental Property that used to be Main Residence

Martintaxes
Posts: 15
Joined: Fri Apr 28, 2017 12:25 pm

CGT Relief for Rental Property that used to be Main Residence

Postby Martintaxes » Wed Nov 21, 2018 10:02 pm

Hi, if we were to rent out our main home for say 5 years that we have lived in for 16 years, how is the capital gains calculated, assuming we then sell? Is it just poportional? 5/(5+16) x CGT rate?
Thanks in advance!
Maryin.

maths
Posts: 7528
Joined: Wed Aug 06, 2008 3:25 pm

Re: CGT Relief for Rental Property that used to be Main Residence

Postby maths » Wed Nov 21, 2018 10:49 pm

see your other post


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