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CGT calculations

  • HUGO58
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18 Aug 20 #513738 by HUGO58
Topic started by HUGO58
I am totally confused regarding calculation of CGT.
Situation.
Left Family Home August 2017.
Ex refused to sell property until told by court September 2019
House sale to go through Sept 2020
Cost of house purchase including fees etc 277,260
Selling price minus costs 601,650
Total months of ownership 222
My total 195 including my 9 months
House joint owned so therefore any CGT only on my half.
I understand the principles for calculation but I get so far then I'm lost.Can anyone help please?
I understand that I have to declare this to HMRC within 30 days of completion on house sale.Court order states that ex has to pay 50%of any CGT because he refused to marketing the house because he thought things would go in his favour !!
Many thanks

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