I am selling my property in London, having been a US resident for more than two decades. I live with my partner in America. The UK property has been let out during that time, but now that I am coming ...
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I inherited my parents’ £300,000 house. Will I pay capital gains tax when I sell?
Inheritance tax is charged on the value of someone’s estate at the point they die. Capital gains tax (CGT), on the other hand, looks only at what happens after that. When you inherit a property, its ...
“We would hope that HMRC would not charge penalties if tax returns submitted using HMRC’s software are incorrect and the ...
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