Andrew Morgan

Hi, I married a Romanian woman in 2012, we bought a house together in the UK in September 2015 as tenants in common with 80% belonging to me and 20% owned by my wife. I already owned my own property in the UK at that time. We have not lived or worked in the UK since buying the property; the houses were bought to rent out. Now we are divorcing and will possibly have to sell our joint owned property. If we sell it, what will the capital gains tax please? Does my wife get a tax free allowance? I am a British citizen with a UK passport, my wife holds a Romanian passport. We work and live in Romania. My second property in the UK has not been rented out for a number of years as it needs updating (I am still paying council tax on it) and neither of us have an income from the UK. Neither of us are earning more than £50000 in Romania. I need to work out if it is financial beneficial for me to buy her out. If I decide to buy the property from her and sell it later on, what will the capital gains tax be then please?