Christopher Brazier

if you have paid CGT on a second house sale, is the net profit treated as income and does it need to be reported if you are on PAYE?

My partner and I purchased a property for 140K and plan to sell for 250K. Do I enter the purchase price as 70K and selling price as 125K as my partner paid half and does she enter the same figures. Do we also show all expenses as half? We are both retired.