Gary

Thank you for the reply. If rent is charged below market value would the difference between the 2 values, be considered a gift for Inheritance Tax purposes under the 7 year gift rule?

If someone rents out their UK property while living abroad are there any special terms regarding UK Income Tax

If property is rented to children does it have to be rented at market value?

Let's say someone moves abroad, keeps their sole UK property (which had been their primary residence until then) and dies while still residing abroad 5 years later. Is CGT payable if the property is left to the deceased children, in their will? If so, what dates would be used for the calculation of CGT?