john smith
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Capital gains relief on stamp duty
I have just sold my old house of residence to my sitting tenants, I had rented this house out for the last 4 years, I became a landlord basically, because when I put an offer in for the house I now live in, the offer was accepted on the condition that I wasn't in a chain, so instead of selling I raised capital by remortgaging, I then rented out. As a consequence I had to pay higher stamp duty for the house I now live in, as it was classed as a second home, and because I didn't sell my old house within the 3 year period I have now lost that additional stamp duty (around £7000) I realise this is a bit of a long shot, but can I claim CGT relief (i.e. reduce my capital gain figure by £7000) for that cost, even though technically, it is associated with another property?