CGT on inheritance:purchase 50:50

Hi I inherited 50% of a flat in 2003 with my brother and it became my main residence in 2004. Inheritance tax paid in full at the time and no outstanding mortgage. In 2006 I bought my brother's half of the flat and owned outright (with a mortgage). In 2014 I bought a house which became my main residence, and I rented the flat (and have done for the last 10 years). I may look to sell in the next 2-3 years. Can anyone help me understand the approximate CGT liability?

Hi,

We are unable to comment on specific CGT scenarios, but the links below should help you to (a) work out your potential entitlement to Private Residence Relief and (b) calculate your

estimated CGT liability, taking into account the factors you have mentioned.                                                    

Tax when you sell your home                                                                

Work out your gain

Thank you.