OddSocks

Thanks for your help, we're working through the guidelines to try and work out if or what CGT would be due. It looks like she would be entitled to PRR for the length of time she was living there. However I'm not sure if the period when she was living and working over here while renting still counts or not?

Additionally the property was in a poor state of repair when purchased, replacing the roof, kitchen and bathroom increased the value considerably. Do these elements factor in to the amount of CGT which is due?

Hi, My friend is a Hungarian national who has settled status in the UK. They have owned a property out there for the last 20 years which was they're home until moving to the UK around 2010 and her dad continued to live there until he passed away recently. The house has now been sold does my friend need to declare this and pay CGT on the increase in the houses value? Thanks in advance