You may get tax relief if you sell property that you use for business. This may reduce or delay the amount of Capital Gains Tax you pay.
See Also
Tax when you sell your homeUK Capital Gains Tax for Expats and non-residents 2024/25 (and earlier)Capital Gains Tax: what you pay it on, rates and allowancesWill I have to pay Capital Gains Tax on an inherited property?If the purpose of your business is to buy and sell property (you’re a property developer, for example) you do not pay Capital Gains Tax when you sell a property. Instead, you pay:
- Income Tax - if you’re a sole trader or partner
- Corporation Tax - if you’re a limited company
There are special rules for limited companies that dispose of a single residential property worth more than £2 million.
