Capital Gains Tax

[balearic]

Hi, can anyone help me here. We live part of the year in Spain and my partner and I both own houses in the UK, usually rent them out but leave one of them so that we can use it ourselves in the winter. We are now considering buying another property between us to rent out but what will be the implications of CGT when we come to sell? Thanks

[Buenchico]

This might help:
http://www.hmrc.gov.u...property/calc-cgt.htm

Chris

[buildersmate]

That may help you work out your current liability.

This may help you to work out what steps to take to minimise future liability, insomuch as action you can take retrospectively.
http://www.hmrc.gov.uk/helpsheets/hs283.pdf
These things are really best planned for in advance.