Capital Gains

[cris r]

Advice please we bought and lived in a property for three years we then moved to another property whilst renting the first one out.
We are now moving back to the property when the tennent moves out and planning on retiring here how will the capital gains effect us

[bednobs]

are you actually selling anything?

[Buenchico]

See if you can make sense of this lot:
https://www.gov.uk/tax-sell-home

[cris r]

Yes we are selling the property we lived in and moving back to the rented property

[New Judge]

You will almost certainly be liable for CGT on the house you are selling.

[Old_Geezer]

But the house to be sold has been their main home for the last three years. Surely any money grab by the tax office must be when they sell the place they're moving back into ?

[Zacs-Master]

Just a few steps on from buenchico’s link is a step by step questionnaire to assess CGT
https://www.gov.uk/tax-relief-selling-home/y