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Home > Business & Finance > Separating, want to share progit of house sale

Separating, want to share progit of house sale

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clintus2 | 14:47 Fri 29th Jul 2005 | Business & Finance
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My partner and I are separating and have agreed to split everything by 50%.


The house is in my name, we are not married. We have agrred to make a separation agreement through the solicitors.


Will she have to pay tax on her share of the profit? We have both lived in the house for 10 years.

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Avatar Image Loosehead
no, profit on your main home is not subject to CGT.
15:15 Fri 29th Jul 2005
-- answer removed --
Avatar Image Gef
Use the solicitors as little as possible as they charge you a lot. My wife and I separated 18 months ago and have just sold our matrimonial home. We used the same solicitor to do that but everything else has been agreed by ourselves and we have saved lots of money.
20:28 Fri 29th Jul 2005

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