If you are looking to sell a property which isn’t your primary residence and has increased in value, the profits would be subject to Capital Gains Tax (CGT). But did you know that if you have lived in the property you are selling for a period of time, you are entitled to tax relief for that period of time.
Did you also know that you can offset allowable expenses from any profit made bringing your overall CGT liability down? Everyone’s circumstances are unique, therefore the tax savings are too, but this report could potentially save you £1000’s.