.... Because you let the property for a while, more of the gain can be tax-free because of what is called “lettings relief”. According to guidance from HM Revenue & Customs (HMRC
) tax manuals, the way you work that out is by subtracting 18 from the number of months you let the house then dividing that figure by the number of months you owned the property. ...
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Thursday 22nd of June 2017 06:00:29 AM