Hi, I inherited a property a few years ago and have had tenants living there for 7 years. I'm planning to move into the property and make it my main residence. If I were to sell it some time in the future would I need to pay CGT?
Hi @TheHatLady
Disposing of inherited assets:
Generally, capital gains tax (CGT) does not apply when you inherit an asset.
When you sell an asset you have inherited, and the asset is:
Check out this link on our website that will help explain a little more for you.
Also, here is a similar post we have answered before.
Hi @TheHatLady
Disposing of inherited assets:
Generally, capital gains tax (CGT) does not apply when you inherit an asset.
When you sell an asset you have inherited, and the asset is:
Check out this link on our website that will help explain a little more for you.
Also, here is a similar post we have answered before.
HI TheHatLady,
You will need to look at the entire history of the property, not just the period after you inherited it.
Based on the limited information provided it appears some CGT may be payable.
Toby
15 Apr 2026 · 4 min read time
15 Apr 2026 · 8 min read time
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