Can anyone advise me what difference in cgt will be if I sell before April 2020 please . ?
We are joint owners ,brother and sister
Purchase price £11400 year 2000
Lived in for 24months main residence .
Then sister lived in on and off total 12 years to date .
I only lived there 1st 2 years
Current value £280,000
Previous purchase costs were £1500
Expected selling cost now be £500
I dont know how to calculate , would like to know if I sold before April 2020 what tax is liable against if I sold after April 2020. We are both able to claim £12500 cgt allowance ? I am higher rate tax payer she is lower .
Thanks
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