Property tax, taxation of rental income, capital gains on resale, transfer taxes, property wealth tax: taxation affects every stage in the life of a property, and its rules often change, particularly with each Finance Act. This section summarises the changes affecting owners, sellers and landlords, drawing on the legislation and official websites cited at the end of the article. To establish the value of a property for an inheritance, gift, divorce or division of assets, discover our property valuation service.
The exemption from capital gains tax on a main residence is total: it covers the gain made on the sale of your main home and its associated buildings sold at the same time. Leaving before the sale remains possible subject to conditions.