HOW MUCH TAX I WANT PAID

This discussion explores the Capital Gains Tax (CGT) implications when selling a government-provided house after 25 years. The main query is about the amount of tax payable, with a specific figure of £500,000 mentioned. It's clarified that Long-Term Capital Gains (LTCG) will be imposed at 20%, and the calculation depends on the date of acquisition and the Fair Value Certificate (FVC) relating to the property.