I am wondering whether I would avoid the tax whether I moved back into the flat and made it my main home until it sold
Q I bought my flat for 44000 in February 1997 and lived there alone until February 2011. My girlfriend and I then bought and moved into a new house. I kept the flat and bear rented it out since then. My girlfriend and I are now splitting up and are discussing the possibility of me buying her out of the house we bought together. To finance this, I would need to sell the flat and understand that I will bear to pay capital gains tax when I achieve so. Continue reading...
Source: theguardian.com