Depending on the methodolgy, this house has
made £92.5k, £220k or £430k Capital Gains Profit,
depending on which system is used to calculate
“profit”.
It is important that you understand the difference
this can make to the amount you will eventually
have to pay. Particularly because they don’t seem
to mind which of the three systems you use, as
long as all the figures are consistent and you do
submit one of them.
The rate of Capital Gains Tax depends on your UK
Income Tax level and whenther you qualify for a
personal Income Tax Allowance. Roughly speaking, you can assume it is 28% if you are a higher
income tax payer and 18% if you are a basic rate
tax payer and that the profit you make after your
annual exempt amount is deducted doesn’t push
you over the threshold - it is 28% if it does.
Look here https://www.gov.uk/capital-gains-tax/
work-out-your-capital-gains-tax-rate to see how
this works for you - If you would like to speak to the
HMRC helpdesk ring 0044 300 200 3300 and they
will call you back if your query is complex.