Hi, just looking for some clarification about the CGT annual exemption of 1,270.
Selling a property which I owned for 14 years, but lived in for 6, so 6 years exempt.
Does this also mean my annual exemption is 6 x 1,270 (7,620)?
Or is my exemption just 1,270?
Cheers
Selling a property which I owned for 14 years, but lived in for 6, so 6 years exempt.
Does this also mean my annual exemption is 6 x 1,270 (7,620)?
Or is my exemption just 1,270?
Cheers
