CGT When You Rent Out Your Home: Private Residence Relief (UK)
Introduction Most UK homeowners think they won’t pay tax when they sell their home, and in most cases, they’re right because private residence relief covers the profit you make. Things change when you rent out your property. When you move out or start renting your property, HMRC views it differently. The time you lived there remains tax-free, but the period you rent […]
Property Capital Gains Tax UK 2026: Allowances & Smart Ways to Save
Navigating Property Capital Gains Tax (CGT) UK in 2025/26 If you’re a landlord, property investor, or someone planning to sell a second home, the rules around Property Capital Gains Tax (CGT) in the UK have never been more critical to understand. The government’s 2025 updates mean more people will pay tax on property sales than before. The capital gains […]
Capital Gains Tax Allowance 2025: How to Legally Reduce or Defer Your Tax Bill
Introduction: Navigating the Dual Challenge: CGT and Capital Allowances in 2025 The 2025/2026 tax year represents a significant turning point for UK investors, high-net-worth individuals, and business owners. Years of progressive reductions to the tax-free threshold for investment profits have culminated in an unprecedented exposure to capital gains taxation. This shift mandates proactive and sophisticated […]
Private Residence Relief and Its Role in Minimizing Capital Gains Tax for Family-Owned Properties
For UK property owners selling a home, Private Residence Relief (PRR) is one of the most valuable reliefs available to reduce Capital Gains Tax (CGT). However, PRR can become complex, particularly when family members have lived rent-free in the property. As a Putney-based tax advisor, I often assist clients in South West London in understanding […]
Capital Gains Tax When Selling a Family Property: Rent-Free Living Considerations
If you’re considering selling a family property where a family member has lived rent-free, understanding Capital Gains Tax (CGT) is essential. CGT on property sales in the UK can significantly impact the net proceeds from the sale, and the tax implications become more complex when family occupancy is involved. As a Putney-based tax advisor with […]