If I sell my buy-to-let property in 5 years, how is Capital Gains Tax (CGT) calculated, and what strategies can I use to reduce my CGT liability, assuming a profit of £100k?
Quick Answer
Capital Gains Tax on residential property is 18% or 24% based on income tax band, after the £3,000 annual exempt amount. Strategies include joint ownership, re-investing, and careful expense tracking.
About This Topic
Understand Capital Gains Tax on UK buy-to-let sales. Learn how 18% or 24% rates apply to £100k profit & strategies to reduce CGT by using £3,000 allowance, joint ownership & allowable costs.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
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