Tax-Free Cash

A successful planning application to build a family home on part of your garden can mean that your plot could potentially net you a tax-free sum of money and depending on the market value of your garden, this can be any amount ranging from £50,000 to £500,000. Your “home” includes your garden and grounds you solely use for residential purposes.

When you sell your only or main home any profit, or indeed, part of your garden, any profit on the sale is generally exempt from Capital Gains. However, there are very small percentages where this may not apply and we will be pleased to advise you further when more information is to hand.