Capital Gains
claireleitchy
Registered Posts: 1
Hi,
I'm after a bit of advice. I have a client who has just sold a house which she inherited 100% of 10 years ago. Prior to this she owned it 50/50 with her mother. She has never lived in the property so there is no PPR.
Will she pay Capital Gains based on the initial purchase date or will there be any relief for the period which she only owned 50%.
I have sort advice from HMRC to no avail!
Many thanks
Claire
I'm after a bit of advice. I have a client who has just sold a house which she inherited 100% of 10 years ago. Prior to this she owned it 50/50 with her mother. She has never lived in the property so there is no PPR.
Will she pay Capital Gains based on the initial purchase date or will there be any relief for the period which she only owned 50%.
I have sort advice from HMRC to no avail!
Many thanks
Claire
0
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