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olivercheetham
olivercheetham asked in Business & FinanceTaxesUnited 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
    Favorite 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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