Capital gains tax loophole?

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Andyh176
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I'm aware that if you have previously used a property as your own home than is allows for significant tax breaks, ie , i would not have to pay the full 40% CGT which is about to come in, but the question is, What is the minimum amount of time I have to "live" in a property as my home before I can rent it out and subsequently not pay full whack CGT in the future? and if I dont pay the full CGT, what do I pay?

Many thanks in advance of any answers

12/05/2010 00:00

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