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CGT Query

KelloggsKelloggs New MemberRegistered Posts: 7
Hi all,

I am in the process of completing a tax return for a client who has (along with 2 sisters) just sold a property gifted to them by their father 12 years ago. The problem is that they have no idea what the property was worth when it was gifted. How do I get around that?

Thanks

Kel

Comments

  • deanshepherddeanshepherd Font Of All Knowledge Registered Posts: 1,809
    A local estate agent or surveyor will be able to give you the value of the property at the time it was gifted.
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