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  1. G

    Conflicting information on CGT between these forums and YIP

    Yes you cannot claim expenses twice. These expenses are generally claimed against your rental income. The CGT calculation is a little more complicated than my simple example so always best to see an accountant.
  2. G

    Conflicting information on CGT between these forums and YIP

    Yes this is correct. Plus you can add any maintenance and holding costs (interest, light bulbs, etc) during your 6 months residency to the cost base for CGT purposes.
  3. G

    Conflicting information on CGT between these forums and YIP

    The market value at the end of the 6 year rental period is irrelevant. The capital gain in simple terms is the sale price - the market value when first earned income apportioned to exclude the 6 year period. i.e. as per your example if you sell 10 years after moving out then the taxable...
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