Capital gains tax

I am thinking about selling my 2 bed houses soon and will make a gain of 200k ! Had it since 2000 .
I hear all these stories about people who pay hardly any cgt , but is there any legitimate way of reducing the bill .
I know the basics and will get a accountant but wanted a heads up .
If anyone could shed some light I would be grateful.


Not really no. You can deduct your purchase and selling costs and the cost of any capital improvement works before calculating the tax, but there is no longer any real advantage to moving into the property for a period if thats what you were thinking.

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