Based on current UK tax legislation, when you dispose of any property (other than your Principle Private Residence) you are likely to be subject to capital gains tax on that disposal. Often it is not as simple as subtracting the proceeds from the sale from the original purchase price, depending upon how and when you acquired the property, i.e. through probate or prior to March 1982 and what works have subsequently been undertaken. We are able to provide historic valuations to enable you to self assess your capital gains tax liability on a disposal of investment property.