Hi Sam On a separate matter, I am thinking of selling my property. I purchased it in March 2008 as my main residence. I rented out the property from September 2009 - June 2012 due to having to move for work (I paid tax on the property income received via tax returns). I moved back into the property in June 2012 to present time and wondered if there would be any CGT issue when I sell because it was let out for a period of time? It was bought as my main residence and I only moved out in between due to having to relocate for work.
Hi, yes please go ahead.
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Sorry for the delay, I didn't realise you replied.
I was working for myself (Director of a Ltd company) but things got tough and I took up employment. My partner owns a property in Manchester which was being let but vacant at the time so we moved from London as costs are much cheaper there. We moved back to London after my partner took another job here so we moved back.
Thank you so much Sam, I really do value your knowledge and expertise and you provide a fantastic service, you are a cut above the rest on this website and a lot better than my own accountant!
An accountant on this site tried to answer this question when I sent it to you and he did not know or advise about this at all!
I'm sure I will have other questions in the future and will come back to you on the other query on my mother in law.
Thank you again.