If it's your only or main house, it is totally exempt. If it isn't, CGT is highly technical and without any further information the best I can do is refer you to http://www.hmrc.gov.uk/cgt/index.htm

The rate depends on the exempt allowance and your actual income as well No CGT is payable on your primary home. Complex, specialist case. You would need to contact HMRC and talk to a technician.

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olivercheetham asked in Business & Finance Taxes United Kingdom · 7 years ago

What rate of capital gains tax will I have to pay on a house sale?

In UK

2 Answers

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Lv 7
7 years ago
Favourite answer
If it's your only or main house, it is totally exempt. If it isn't, CGT is highly technical and without any further information the best I can do is refer you to http://www.hmrc.gov.uk/cgt/index.htm
Enough Trolls
Lv 7
7 years ago
The rate depends on the exempt allowance and your actual income as well
No CGT is payable on your primary home. Complex, specialist case. You would need to contact HMRC and talk to a technician.

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