Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Tue, 23 Apr 2024 20:36:34 GMT by Brian49
I've relocated within the UK for work and decided to rent while I get acquainted with the new area. In the meantime, I've put my only home, which I've lived in continuously since 2018, on the market. Will there be any CGT owed on the sale?
Posted Tue, 30 Apr 2024 14:18:51 GMT by HMRC Admin 5
Hi

Please have a look at the guidance on private residence relief at https://www.gov.uk/tax-sell-home.  You may find that this will cover any gain arising from the disposal of your property.  If no gain arises, there is nothing you need to report.  There is a calculator to help.  Please also have a look at HS283 Private Residence Relief (2024).

Thank you
 

You must be signed in to post in this forum.