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HM Accountax Ltd
HM Accountax Ltd, Chartered Certified Accountant
Category: Tax
Satisfied Customers: 469
Experience:  I am an accountancy professional with more than10 years hand on experience in audit, accountancy and tax affairs.
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We lived in a property for over 30 years and 6 years ago we

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we lived in a property for over 30 years and 6 years ago we bought another house and moved out. we are letting the old property. what is the capital gains tax if we sell the old propert
JA: What are the assets or property for this capital gain?
Customer: a house
JA: Anything else you want the Accountant to know before I connect you?
Customer: no simply selling a property we are letting but lived in it 30 years until 2014

Hi,

I am an advisor at JA and happy to assist you.

The disposal will be subject to CGT. however, you can claim the PPR relief which will reduce your tax liability.

Regards

HMAT

HM Accountax Ltd and other Tax Specialists are ready to help you