I'm hoping someone is able to advise me complete my CGT forms. I sold a seaside flat on 16 8 19 which I had intended using in my retirement, but has been rented out on AST since purchase, and am attempting to prepare my CGT forms for submission next year. The story is
Purchased flat for £50,000 in Feb 2000
Sold half to partner for £67500 in March 2008 (had mortgage company valuation)
Repurchased ex partners half for £67500 in 2014 - tax done by an accountant at that time.
Sold flat last week after struggling with it on the market for 18 months for reduced figure of £90,000. (I needed to sell as my mortgage term ended on 31 3 18 and they kindly gave me 12 months grace initially and then extended this by a further 12 months so getting pretty desperate).
My question is that the computation asks for date of purchase, sale price, incidental selling costs etc. There are in fact two purchase dates ie the remaining 50% purchased in 2000 and the repurchase of the other half in 2014. Should I complete two separate computation sheets and then marry up the figures on the summary sheet.
I know I can't submit to HMRC before the next financial year but want to put the figures together whilst everything is still fresh in my mind.
I can't see how I can do the computation without treating the two halves as 2 separate items. I would appreciate any help.
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