Thread: Do you have to pay capital gains tax on profit made from a house sale?
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[email protected] google@sheerstock.fsnet.co.uk is offline
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Default Do you have to pay capital gains tax on profit made from a house sale?

wrote:
Hi,

We're thinking of selling our house and moving to Ireland.
We expect to make 100k profit on our house from when we bought it.
Will we have to pay capital gains tax on the profit?

Generally, no, but it depends upon the exact circumstances. See
http://www.direct.gov.uk/MoneyTaxAndBenefits/Taxes/TaxOnPropertyAndRentalIncome/TaxOnRentalIncomeArticles/fs/en?CONTENT_ID=4020890&chk=0VsubU

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