We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
CGT on rented property
Comments
-
You would be better with a separate thread, but the simple answer is no. Renting out a property is not a business for BADR.advocate70 said:Good morning, I bought a property 21 years ago to rent out, but looking to sell now. I declare all income etc on my self assessment. Would this sale qualify for business asset disposal relief or would it be simply CGT on sale of property ?
Thanks0 -
You don’t use the asset in any business, I would presume, and Budiness asset disposal relief would’ve not apply.0
![[Deleted User]](https://us-noi.v-cdn.net/6031891/uploads/defaultavatar/nFA7H6UNOO0N5.jpg)
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.4K Banking & Borrowing
- 254.7K Reduce Debt & Boost Income
- 456K Spending & Discounts
- 248K Work, Benefits & Business
- 605.3K Mortgages, Homes & Bills
- 178.9K Life & Family
- 263.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards