Q&A Podcast – Question 0: Intro

Question 0 - Intro

That’s right! A new Podcast from Moneystepper!


Following a brief foray into podcasting for the Moneystepper Savings Challenge over the past few months, we’ve decided to take a little bit of a tangent. I think that they cool entrepreneurial kids call it “pivoting”! 🙂

However, based on feedback from you guys, we’ve decided to put a halt to the longer format podcasts, and create a new series of shorter podcasts (between 5 and 10 minutes) which will answer your specific questions.



The show will run three times a week and will answer your questions. If you have any questions, please don’t be shy to ask. You can ask in three ways:

  1. Leave a comment on any of the Q&A podcast shownotes (including this one)
  2. Email me at moneystepper@gmail.com
  3. Leave a message on the Speakpipe App which you will find below and on our “submit a question” page:

The Theme to the Moneystepper Q&A podcast is taken from the single “California” by The Dolan Springs. You can download the full California EP for free here.


2 thoughts on “Q&A Podcast – Question 0: Intro

  1. I bought a house in 1991 for circa £69K as a single person. I lived in it until 2001 (partner joined part way through this period) and then together we bought and moved to the house next door in 2001. I let the previous house from 2001 to 2015 and it is now valued at circa £230K. What will my capital gains tax bill be please? I am a higher rate tax payer and my partner who is now my Husband is lower rate tax payer. Thank you.

    • When you say that your partner “joined part way”, did he only live in the property, or did he also own part of the property. Based on your wording, I’m going to assume the former. If this is the case, you’ll have a gain of approximately £161k, less any costs related to the purchase and sale of the property and any capital improvements in that period.

      By owning for 25 years, you’ll then be eligible for PPR for the 10 years you lived there and another 18 months. £161k x 11.5/25 = £74k in PPR relief. You’ll also be entitled to another £40k in letting relief.

      This will leave you with a gain of £161k – £74k – £40k = £47k.

      You can then use your annual exempt amount (£11.1k) and you’ll be eligible for the lower capital gains rates of 10% and 20% for your lower and upper bands of tax as you are eligible for PPR.

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