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Tax implications

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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

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