CGT - reducing your chargeable gain - allowable costs

[ritz13]

Hi Guys

We are looking to sell our property that has been our main residence but has also been rented out.

Can you please let us know, if on selling we can reduce our chargeable gain be deducting

1) initial costs of buying the property eg. stamp duty, professional fees such as legal fees, agency fees etc

2) costs incurred in creating a new room + extension

3) interest paid on the mortgage

4) costs incurred in selling the property. eg. conveyancing fees etc


Thanks

[maths]

1, 2 and 4 yes.

3, no.