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CGT son and mum

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Hi all quick question. 
Myself and my son purchased my right to buy home 7 years ago.. I got ill health and moved on bf house officially (CAR license, voting, etc) about 18 months ago, pre that I kept my home as my main address for hospital correspondence etc..
I cannot find anywhere that tells me if I will have to pay CGT on my half of the property as son has never moved out.. I'm getting cross information that I won't pay as my bf house not mine, then I was told I will pay as I moved out, now I've read I won't pay as son always stayed there.. Please help as its time for my son to move on and establish his own way and I would like to invest my half for my retirement.. I also read that CGT won't be applicable if I transferred all my car, voting etc back to my house with my son for 1 year.. 

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  • p00hsticks
    p00hsticks Posts: 14,451 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hi all quick question. 
    Myself and my son purchased my right to buy home 7 years ago.. I got ill health and moved on bf house officially (CAR license, voting, etc) about 18 months ago, pre that I kept my home as my main address for hospital correspondence etc..
    I cannot find anywhere that tells me if I will have to pay CGT on my half of the property as son has never moved out.. I'm getting cross information that I won't pay as my bf house not mine, then I was told I will pay as I moved out, now I've read I won't pay as son always stayed there.. Please help as its time for my son to move on and establish his own way and I would like to invest my half for my retirement.. I also read that CGT won't be applicable if I transferred all my car, voting etc back to my house with my son for 1 year.. 
    You'll potentially have a CGT liability for the period that you owned the property but it wasn't your main residence. 
    Whether that means there will actually be any CGT to pay will depend on the figures.
    Moving back won't remove the liability.   
  • Jeremy535897
    Jeremy535897 Posts: 10,733 Forumite
    10,000 Posts Fifth Anniversary Photogenic Name Dropper
    The facts are not wholly clear, but if OP moved into her boyfriend's house (not married, not civil partners, no interest in boyfriend's property), and moves back into the house owned with her son for a reasonable period of time, then it would appear that the rules on absence for up to three years for any reason would apply to extend the period qualifying for main residence relief:
    https://www.gov.uk/government/publications/private-residence-relief-hs283-self-assessment-helpsheet/hs283-private-residence-relief-2024
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