Hi.Can you tell me which month in 1996 you bought the property and which month in 2003 you moved out please. Is the £23,000 part of the figure of £50,000? How much of the £27,000 was spent on improvements to the property as opposed to general repairs and maintenance?
I bought it and moved into my flat in August 1996 and moved out in March 2003.
Yes, the £23,000 new lease is part of the £50,000 I spent on general maintenance.
I have spent nothing on improvements.
Thank you so much.
My email address is
The site keeps rejecting it, saying its registered to another user - that's me, as I used the service 2 years ago! Very frustrating!
Thanks very much,
Thanks so much, excellent explanation which I will rate as excellent with also a written excellent review!!
Just to clarify, my income will just be £12,000 in tax year 2015/16, so if I understand you correctly, I would be charged 18% CGT on just £39,284 which would be very very approx me having to pay about £8,000 in CGT - have I understood you correctly Tony? Sorry, I am dire at maths. Please just confirm I have read this correctly and I won't ask any more!