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Posted Thu, 10 Aug 2023 13:08:38 GMT by FranT Ic
Is CGT payable on selling uk home after moving abroad to live in rented accommodation?
Posted Sat, 12 Aug 2023 12:48:38 GMT by FranT Ic
I m asking because its been suggested that renting precludes being liable for CGT even though living abroad.
Posted Wed, 16 Aug 2023 06:50:35 GMT by HMRC Admin 25
Hi FranT Ic,
Possibly, depending on the circumstances.
Private residence relief might cover all or most of the gain arising from the disposal of the property.
Please have a look at the guidance on Private Residence Relief. There is also a calculator to help you work out if Capital Gains Tax is payable.
Tax when you sell your home
Thank you. 
 

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