What common capital gains tax (CGT) reliefs and exemptions can UK landlords typically utilise when selling a buy-to-let property, beyond the annual exempt amount, to minimise their tax bill?
Quick Answer
Landlords can deduct acquisition and disposal costs from a buy-to-let property's capital gain. While specific reliefs like PPR are rare for pure BTLs, costs like stamp duty, legal fees, and capital improvements reduce the taxable gain. The annual exempt amount is £3,000.
About This Topic
UK landlords selling buy-to-let properties face Capital Gains Tax. Understand common deductions like acquisition costs, stamp duty, and capital improvements to minimise your CGT bill, which can be 18% or 24% after the £3,000 annual exempt amount.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
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