Estate Agents In York

Tuesday, October 29, 2019

Will I have to pay capital gains tax on rental income when I sell my house?

I plan to have two lodgers while still living in the property – my only house

Q Please can you clarify for me whether I am likely to be required to pay capital gains tax on my rental income when I decide to sell my house? I plan to have two lodgers while still living in the property. It is my only house.

Is there any relief that would apply to me now or in the future that I should look out for?
KR

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