Hi
How does capital gains get calculated when the council has given you a discount when purchasing?
E.g. Purchase price is £100000 but discount received reducing the amount paid to £50000
After either living abroad or letting it out, you sell it for say, £120000, is the gain the increase in value (£20000) or the difference received (£70000)
HMRC calc suggests the increase in value but I'm not sure
Thanks
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