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 accommodation 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

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!