CGT liability as clear as mud

The question of capital gains tax liability is one that plagues many small portfolio landlords. Many have found themselves moving in and out of properties they might own, then renting them out to tenants in between.

When it comes around to finally selling a property, landlords are left in confusion, as to how to best minimise CGT. The answer is, as is often the case with tax - complicated.

It made me chuckle reading this response in the Guardian. After first frame working a specific case study the tax advisor finished off with, in truth, it all depends...

Well, I hope that clears it up - 'clear' and 'mud' comes to mind.

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