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Posted Tue, 25 Jun 2024 12:17:25 GMT by Andi Reid
I'm hoping you can help. I bought a house which was my main residence in 2005 for £55000 it was rented out from 2011 and is currently worth £90000. How much Capitol gains tax would I need to pay if currently a lower rate tax payer? Many thanks
Posted Fri, 28 Jun 2024 10:48:09 GMT by HMRC Admin 21 Response
Hi Andi,
HMRC cannot advise you on this as it is you who needs to tell us the amount of gain made.
Guidance is at: Capital Gains Tax: what you pay it on, rates and allowances.
Thank you.

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