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Bought house in 1991, rented out until March 2001, used as
Bought house in 1991, rented out until March 2001, used as main residence until sold in June 05. Do indexation allowances until 1997 and Tapering Relief until 2003 apply?… read more
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Tony Tax
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I am about to sell a house which is not my main residence.
I am about to sell a house which is not my main residence. I have a half share in the property co-owned with my brother. We had the house (our old family home ) valued in 1986 at £40000. We intend to … read more
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Tony Tax
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I am about to sell part of the back garden of our second (holiday)
I am about to sell part of the back garden of our second (holiday) home, which I and my wife purchased 25 years ago. I had believed that we were entitled to an indexation allowance and a tapering allo… read more
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I inherited a flat from my father in 1971 that I have been
I inherited a flat from my father in 1971 that I have been renting out. I am now in the process of selling it. Is there CGT to pay? I am aware I get 40% taper relief from 1998 but am I right in assumi… read more
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By selling a business as a going concern in June 07 I believe
By selling a business as a going concern in June 07 I believe I am allowed taper relief back to 1982 when I set up the business. IR do not appear to allow this, allowing only the 07-08 CGT allowance o… read more
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I purchased a flat for 48,500 on 16th June 2000 and have been
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i inherited a property from my mother in 1993, previously i
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I bought a second home in 1996. I divorced in 2005 and our
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my wife inherited shares in1980 and has sold part of these
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Property (NON BUSINESS ASSET) SOLD MARCH 2001 300,000 PURCHASED
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my wife and i bought a house in 1986 lived in it untill 1993
my wife and i bought a house in 1986 lived in it untill 1993 then rented it out untill we sold it in march 2008 after paying of the mortgage plus proffesional fees we were left with107,000 with taper … read more
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My partner inherited a house is 1991. The house was in her
My partner inherited a house is 1991. The house was in her name only. We lived there until her death in 2003. My name was added to the house deed in 2000/01. When my partner died the house was worth £… read more
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If my company were to sell a piece of land, to its current
If my company were to sell a piece of land, to it's current tenent for £200,000, what is the tax position. Value as at 1982 approximately £30,000.… read more
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Hi, I would like to buy a house but the seller inherited
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my father bought a 2nd property in feb 1991 for 91,000, In
my father bought a 2nd property in feb 1991 for 91,000, In 2005 it was valued at £135k (we have this in writing from a local estate agent)and he gave me half although he kept all of the rental income.… read more
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I want to sell a flat that i lived in for 12 years and rented
I want to sell a flat that i lived in for 12 years and rented for the last three years, will i have to pay capital gains tax and if so how much??… read more
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Hi I sold some shares in 2007. The probate was in Dec 1997
Hi I sold some shares in 2007. The probate was in Dec 1997 but i acually recieved the share certificates in 1998. Do these get taper relief against CGT or indexation.… read more
Tony Tax
Tony Tax
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I sold a property in September 2007 that I owned since November
I sold a property in September 2007 that I owned since November 1989. I lived in the property for the first 8 years to November 1997 and have had it let to tenants since leaving in 1997 (to 2007). Ple… read more
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