M
McGinty
Guest
Greetings
I bought a house (2nd hand) at the end of last June but did not move into it until August. I then rented out my old house.
With reference to calculating CGT and the 12 month grace period, when do I have to sell the old house by - June or August - so that I do not have to pay CGT? If August, do I have to prove that we did not move into the house until August? How?
So many questions ...
Cheers
McGinty
I bought a house (2nd hand) at the end of last June but did not move into it until August. I then rented out my old house.
With reference to calculating CGT and the 12 month grace period, when do I have to sell the old house by - June or August - so that I do not have to pay CGT? If August, do I have to prove that we did not move into the house until August? How?
So many questions ...
Cheers
McGinty