Managing Your Money 

How to escape the CGT trap

How to escape the CGT trap

If home is where the heart is, it's also where the taxman cannot, for once, reach us. If we own our own home, we can sell it free of tax; at least, that's the impression most of us are under. But, in fact, there are several circumstances where individuals are at risk of incurring a hefty tax bill when they come to sell what's probably their biggest asset, so it's well worth knowing every get-out clause available to avoid having to share your profit.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now