This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.
Decline Settings Accept
Analytics

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.

Essential

Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet

moving to a second home

Forum rules
Post Reply
geejay
Posts:2
Joined:Wed Aug 06, 2008 3:02 pm

Postby geejay » Fri Feb 14, 2003 12:00 am

If we sell our main residence and move to our second (holiday) home permanently, how long do we have to live in it before we can sell it free of CGT?
Top
Ian McTernan CTA
Posts:1232
Joined:Wed Aug 06, 2008 3:02 pm
Location:Bedford
Contact:
Contact Ian McTernan CTA

Postby Ian McTernan CTA » Sat Feb 22, 2003 12:00 am

Depends on how long you have owned the second property, value when bought and value when sold. I would be happy to calculate the position now and at various dates going forward on a fee paying basis.

Regards.

Ian McTernan CTA
email: ian@imcternan.com
McTernan Associates Ltd
Chartered Tax Advisers
Bedford
Email through link on website:
http://www.imcternan.com
Top
Post Reply

Return to “Capital Gains Tax, CGT”

Powered by phpBB® Forum Software © phpBB Limited
 

 

cron