Re-investing profit from investment - CGT?

tosullivan

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if you sell an investment property and make a profit and invest say 2/3 of it into another investment property, do you still pay full CGT on the full profit or are you exempt from CGT on the 2/3?
 
You may be thinking of rollover relief whereby CGT was avoided or reduced if you reinvested the proceeds of the sale of a capital asset in another capital asset. Such relief was abolished a few years ago.
 
You may be thinking of rollover relief whereby CGT was avoided or reduced if you reinvested the proceeds of the sale of a capital asset in another capital asset. Such relief was abolished a few years ago.
the wife mentioned it alright cos she said she remembered something like it in her exams a good few years ago...thanks for clearing it up
 
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