thank Keith for your reply. I take it you only get one AEA . This isn't a separate one for CGT I can use is it?If I am on a salary of 40K and taking 6k rent a year. do you still think My CGT would be under 0.5K. When/how would I use the letting relief instead of AEA. alan
Ok So AEA is for CGT and separate from my tax free Personal Allowance which is for income tax.