
21st-22nd February 2026 - time to get your dream home started!
BOOK HEREI parcelled off some of the land my house was built on for a self build and then sold my old house. This reduced the sale price of the old house by £70,000. I then built a house on the remaining land I kept. Can I deduct the £70k loss as an expense when sellIng the new house to reduce the capital gains tax owed?
Thanks