***DO I HAVE TO PAY CGT ON ABROAD ONLY PROPERTY IF I DONT HAVE ANY PROPERTY IN THE UK
Feb 2nd 2018, 7:13 pm
#1
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***DO I HAVE TO PAY CGT ON ABROAD ONLY PROPERTY IF I DONT HAVE ANY PROPERTY IN THE UK
hello
I have a question regarding a capital tax gain on overseas property. Can someone tell me if I have to pay any CGT if I sold my only house I had.
I have no other property in the UK, I live in the rented place. I inherited land abroad and built a house when I lived in the UK. I never lived in that abrad house. Normally if you live in UK and sell youronly house then you dont have to pay CGT on it. In my case I lived in rented UK place and had only house aborad.
If I have to pay can I diduct all costs?
thanks
I have a question regarding a capital tax gain on overseas property. Can someone tell me if I have to pay any CGT if I sold my only house I had.
I have no other property in the UK, I live in the rented place. I inherited land abroad and built a house when I lived in the UK. I never lived in that abrad house. Normally if you live in UK and sell youronly house then you dont have to pay CGT on it. In my case I lived in rented UK place and had only house aborad.
If I have to pay can I diduct all costs?
thanks
Feb 2nd 2018, 7:17 pm
#2
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Posts: 34,035
Re: ***DO I HAVE TO PAY CGT ON ABROAD ONLY PROPERTY IF I DONT HAVE ANY PROPERTY IN TH
You've already had this question answered in your previous thread - http://britishexpats.com/forum/europ...enship-893736/
Please don't keep opening duplicate threads, thx.
Please don't keep opening duplicate threads, thx.
