Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Virginia Wallis

As a UK property seller living abroad am I liable for ‘sneaky stealth taxes’ such as CGT?

a purple-blue for sale sign on a terraced street
UK property sellers living abroad have a choice of how the tax is calculated, the rules of which are quite technical so you should seriously consider instructing an expert tax adviser. Photograph: William Barton/Alamy

Q If you sell your main home which you have let while yourself renting another place or places to live are you exempt from [capital gains tax] CGT? All the pieces I’ve read, including the HMRC websites assume you must otherwise own or share a partner’s owned property.

Surely no CGT is due on the sole home property if you are yourself renting?

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.