Good news if you sold a house.
 

http://www.timesonline.co.uk/tol/new...cle6935449.ece
But when will the government pay anyone back is open to question.

Re: Good news if you sold a house.
 

Another press release from money grabbing lawyers dressed up as a report from the Times. I wonder how much money they will want upfront for taking on the case:rolleyes: They have been publicising this for over a year!

Re: Good news if you sold a house.
 

This was discussed recently
http://britishexpats.com/forum/showthread.php?t=630105
People will be no better off because they will have to hand any "refund" (and maybe more!) straight over to the Inland Revenue :rofl:

Re: Good news if you sold a house.
 

So do the Spanish pay income tax on their gains after selling a house? If not then someone should go back to the EU

Re: Good news if you sold a house.
 

Yes of course...if it's a 2nd home...or you don't reinvest the proceeds in another principal residence.