According to the Inland Revenue site Capital Gains Tax could be payable on the sale of a house if it has been used at any time for business purposes.
As a contractor I have (like lots of contractors) my limited company address as my home address. My contracting work is carried out at client premises. I just use my home for various bits of paperwork to do with the business.
Does anyone know if I will be liable to pay CGT on the sale of the house ?
As a contractor I have (like lots of contractors) my limited company address as my home address. My contracting work is carried out at client premises. I just use my home for various bits of paperwork to do with the business.
Does anyone know if I will be liable to pay CGT on the sale of the house ?
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