blackw01 Blackwell
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CGT on property sale - joint owners
Dear forum My wife and I jointly own our home. We will be selling it shortly and will report a capital gain as it was rented out when we worked abroad for a few years. I understand that we will need to complete a CGT return online but am not sure how to handle the joint owners aspect. If the gain is 50k, do we both submit a return for a 25k gain (showing half the purchase price, half the improvement costs etc)? Thanks in advance for your help.