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John60
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Last Activity: 18-08-2017, 09:07 AM
Joined: 22-08-2012
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  • John60
    replied to CGT liability
    Thank you - very helpful. Unfortunately it seems I cannot claim an additional 12m exemption for refurbishment because of the length of time between purchase and moving in. At least I'm clear now.
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  • John60
    replied to CGT liability
    I can't do that because I had PRR on the home I lived in until October 2015, and I can't claim it twice for that period
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  • John60
    started a topic CGT liability

    CGT liability

    I'd like to check my understanding of my CGT liability on a property I purchased in May 2013 for £188k, with the intention of letting it.

    The property was in need of refurbishment, and over the first 18 months of ownership I spent £7k on replacing the kitchen, bathroom, cloakroom, flooring,...
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