UK CGT
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i bought a property 5 years ago that ive rented out for 2 years im looking at selling it i will probably make about 25K on it, How much would i pay in CGT,
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Where are you domiciled? if you're non-dom UK you've got until April 2015 to get rid of it with no CGT.
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Where are you domiciled? if you're non-dom UK you've got until April 2015 to get rid of it with no CGT.
Yes Guy, good news.
Bad news is, if you are non-dom UK but you are resident of Spain you will owe the CGT there
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Ive allways been registered in the UK for this period,
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Have a look here and here
If you've used the property has your main home within that last 3 years you might be able to wangle main home relief although this is being changed to two years soon
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