House sale

Old Feb 8th 2021, 12:37 pm
  #1  
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Default House sale

Hi
I have seen info on this before but cannot find thread.
We are pensioners and moved to spain in March 20. Our house in UK sold on the 5/3 and we moved to rented property in spain 3 days later.

We are about to start our first tax return in spain and my question is, will I have to pay Capital Gains on the sale of my UK property?
As mentioned I think I saw a thread advising that as a pensioner we would not be liable for CG.

Any advice please?

Thanks in advance.

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Old Feb 8th 2021, 2:15 pm
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Default Re: House sale

No you will not have to pay CGT, there is a blanket exemption for over 65s with no conditions attached, apart from the fact that the house sold was your permanent residence.
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Old Feb 8th 2021, 2:32 pm
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Thanks Fred.
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