Michaela Robinson
-
Straight line, Rebasing or Gain over whole period method, which is it, please help!
We lived in our UK family house for 7 years from 2004 before moving abroad in 2008 and have been renting it out long term ever since. We now want to sell the house but buy a small apartment. We have tried imputing the details several times into the CG calculator on GOV.UK but really struggling to understand which of the three tick box choices we would have to choose as there is a big difference in cost, we would like to know roughly how much we would need to pay before selling. Please help! 1)Straight line apportionment method , 2)Rebasing 3) Gain over whole period of ownership method