My partner bought a house in 2007 for £153k. He moved in with me in 2009 and has been renting out his house since then. The house is worth about £230 k now. If we moved back into that house now would the tax liability be calculated on the value of it now or would it continue on and be calculated on the value when it was sold say in 5 years' time?
Want to read more?
This is a members only forum, if you want to read more you need to login to your membership, if you are not a member, click here to join.