How much tax do I pay if I sell my commercial property? Commercial Property

The tax you pay when selling a commercial property primarily depends on whether you are an individual or a company.

You may get tax relief if you sell property that you use for business. This may reduce or delay the amount of Capital Gains Tax you pay.

If you are a property developer or investor, instead of Capital Gains Tax, sole traders and partners will be liable for income tax, and for limited companies, corporation tax will be payable.

We would recommend getting advice on your specific circumstances from a tax expert.