accounting

[superssal]

I am looking to rent out my property and purchase another to live in but,but,but, I have been given 3 different ways I should do this and now I am confused. Please help me with CGT and the 6 year rule thing.....

 

[AVD]

If you move out and then back in within 6 years you can claim the PPOR exemption for that property but whilst that one is considered your PPOR the newer one cannot be so if/when you sell that newer one you will be liable for CGT for the time that it was not considered your PPOR.

Alysha

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