I have owned my home for more than 30 years, but after being made redundant last year I decided to rent out my property and move in with my girlfriend. If I sell my home next year, would I be liable to pay Capital Gains Tax?
You can become liable for CGT if you let out your home. But in your case this is very unlikely, since how much you pay depends on how long you lived in it and how long you let it out for. You get Private Residence Relief for the proportion of your ownership you were in residence, plus for the 18 months preceding the sale whether you lived there or not. So the letting period would only amount to a tiny fraction of your total ownership, and Letting Relief would cover any liability resulting from that.