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Assuming you are selling your principle private residence and it has been your mian home for the entire period of ownership, you will have no CGT to pay on the gain you make.GIFT WITH RESERVATION OF BENEFITIf you gifted your house to your daughter but continued to live in it, this would be a gift with reservation of benefit and the seven year countdown for the gift to be excluded from your estate for Inheritance Tax purposes would not begin until you either paid a full market rent to your daughter or you moved out of the house.PRE-OWNED ASSET TAXIn your situation, you will be moving into a property, the purchase of which will have been partly financed by the gift of cash from you to your daughter. You will, therefore, be caught by the pre owned asset tax whereby, unless you pay your daughter a market rent, you will pay income tax on a sum equal to the market rent unless that rent figure is less than £5,000. As you will be sharing the new property with your daughter, the sum on which you would pay income tax would be reduced proportionately. Take a look at the notes and examples here and here.You may be able to opt of the Pre Owned Asset Tax charge by electing to leave the gift of money as part of your estate until the perceived benefit ends at which time it will become a potentially exempt transfer and will fall out of your estate for IHT purposes if you live for a further seven years.I hope this helps but let me know if you have any further questions.