Hi
I am remortgaging my portfolio and have a couple of queries re Capital Gains Tax.
1 As I am releasing equity on an increased valuation, will I be liable for Capital Gains ?
If so at what rate ?
2. One of the properties we lived in for 11 years, then let it for 15 years. Does this mitigate the tax ?
We have been a little out of touch on the latest tax developments and so would appreciate any advise/help
Thank you
Andrew West
A.West Property
01223 277277