Dear all,
My husband and I are about to sell our previous first home which we have owned for 24 years and moved in and out of, therefore occupied ourselves for approximately half that time.
For the other 12 years it has been let with a few gaps here and there.
We have filed tax returns for the years it has been let, which have losses of about £3,000 a year I’ve the most recent years from 2017 -2021.
I’m researching the CGT calculations in regards to the relief we are entitled to. I believe we have a personal allowance, private residence relief and also Lettings relief -
Do you think this is a calculation I can complete myself or best to pay an accountant for the service ? I’d rather donate some money to charity and attempt the calculation myself if I can.
If any kind soul would like to walk me through the calculations I’d be very grateful.
Many thanks in advance and best wishes.
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