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Posted Tue, 05 Nov 2024 18:08:44 GMT by Paul Bettison
Hi there, we're planning on moving house but plan to rent in the new town first to try and find the ideal house. We won't be selling our current house until we find a suitable house in the new town. What is the capital gains position for the sale?
Posted Mon, 11 Nov 2024 12:11:41 GMT by HMRC Admin 21 Response
Hi Paul,
HMRC cannot comment on future events as legislatoin and/or plans may change. However, based on current legislation, CGT will be likely as it has not been your only residence for the whole period of ownership.
Thank you.

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