CGT on sale of home with business on premises ?

[Vanordinaire]

The initial message was deleted from this topic on 12 July 2019 at 23:26

[Eric Mc]

It's all here -

https://www.gov.uk/tax-sell-home

[Vanordinaire]

Eric Mc said:

It's all here -

https://www.gov.uk/tax-sell-home

Thanks, much appreciated. Looks like I'm buggered no matter what I do with it, the current garden is a fair bit over permitted size. (20 acres)

[Eric Mc]

There is a get out on the size front on "ordinary enjoyment of the property". You need specialist advice if you have bought a main residence which comes with a large amount of land.

Based on what you have said, you have a more serious Capital Gains Tax exposure due to the land area rather than any business use.