Hi all,
I am currently letting my only property (previously my home). I spent one year abroad (gap year), and returned to England and now live in rented acommodation.
Please can someone tell me if I will be liable for CGT on the property after the three years?
I was hoping that by declaring my property as my main residence I would be exempt? But I don't live there. So I guess that's a period of abscence...
Hope you can help,
Thanks,
Ian.
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