I purchased a buy-to-let house in joint names for £82k some 9 years ago.
It is now worth £130k.
Gain is £48k, so £24k each.
I am considering putting it in to a limited company.
How is CGT calculated on a partial sale.
E.g. if I sold a 50% share to my company is the CGT £24K and £12K, would each be exempt?
Could I sell the remaining 50% the next year and avoid CGT altogether, asuuming it was still worth £130K?
Is there a way of mitigating CGT?