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goldenbloom
Jan 11, 2007, 11:40 AM
i baught a house for £208,00 in 1999 and sold for £475,000 in 2006. I let two of the bedrooms as b/b accomodation this was our only residence. We baught a house for £307,000 do i have to pay capital gains tax on the the excess that I banked
AtlantaTaxExpert
Jan 15, 2007, 10:33 AM
The use of your monetary symbol for UK indicates that you are asking a question about capital gains in the United Kingdom.

This forum is for United States taxes, not UK.

I know of no tax advisor on this forum who can answer questions regarding UK tax law.

Sorry!