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capital gains tax and offsett mortgage accounts

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handsoffmymoney

handsoffmymoney Posts: 2 Newbie

28 October 2009 at 7:46PM in Cutting tax

When selling my buy-to-let, can I put my capital gains into an offset mortgage account which I have on another property or must I pay the tax man?

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Rolo_Tomasi Posts: 343 Forumite

28 October 2009 at 8:31PM

There are no further reliefs available for BTL capital gains - you have to pay the tax.

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