roll over and CGT

[inform]

Hi I am in need of some urgent advise.

I hope a simple question for a simple answer.

I am selling a commercial property which I have owned and used for my business for over 15 years which has been transferred to my personal name. The premises have been leased for the past 10 years. which has provided me with an pension income. My question is.

I want to buy another property so can I roll over the CGT to the new property and what time frame is allowed in order to purchase a property to prevent incurring CGT.

Any advice on avoiding CGT would be appreciated and thank you in advance

[Tax Accountant]

Hi I am in need of some urgent advise.

I hope a simple question for a simple answer.

I am selling a commercial property which I have owned and used for my business for over 15 years which has been transferred to my personal name. The premises have been leased for the past 10 years. which has provided me with an pension income. My question is.

I want to buy another property so can I roll over the CGT to the new property and what time frame is allowed in order to purchase a property to prevent incurring CGT.

Any advice on avoiding CGT would be appreciated and thank you in advance

Your facts are not clear enough.

What exactly has been the status of your business at various times, ie a limited company or a partnership or a sole trade?

Who exactly has owned the property at various times?

Who exactly has used the premises at various times?

Do you not have an accountant for your business who could answer this for you?