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.

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.


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

Where Taxpayers and Advisers Meet

CGT on BTL that was previously main residence

Joined:Wed Sep 05, 2018 1:39 pm
CGT on BTL that was previously main residence

Postby gmw » Thu Sep 06, 2018 12:50 pm

Please can someone advise the amount of capital gain that would apply in the following situation.

We purchased our home in 1994 for £50,000 and lived in it for 17 years, at which point it was valued at £120,000. We then decided to move, but keep this property as a Buy to Let. The property is now worth about £170000. During our occupancy we have done improvements such as a conservatory, extension, new kitchen, bathroom etc.

So if we sold it would the gain be £170,000 - £50,000 - home improvements - private residential relief ?


Peter D
Joined:Wed Aug 06, 2008 3:37 pm

Re: CGT on BTL that was previously main residence

Postby Peter D » Thu Sep 06, 2018 1:25 pm

And - Letting Relief.
Please provide dates, at least mm/yyyy and the costs of the capital additions. And the cost of purchase fees, and legal fees of sale. Regards Peter

Return to “Capital Gains Tax, CGT”