Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Thu, 05 Sep 2024 13:43:07 GMT by TP2491 PEARCE
Hello My wife and I purchased a new build residential property in Spain in 2004 and sold it (at a loss) in June 2023. Can we include as an allowable expense the 7 % IVA (Spanish VAT) paid on top of the purchase price against CGT in our 2023-2024 (UK) tax returns? Thanks TP
Posted Thu, 12 Sep 2024 15:01:51 GMT by HMRC Admin 25 Response
Hi TP2491 PEARCE,
Yes, as this would still be part of the purchase price/costs.
Thank you. 
Posted Thu, 12 Sep 2024 19:49:03 GMT by TP2491 PEARCE
Thank you for your answer. One further question. How do I include (attach?) a completed CGT working sheet, provided on page CGN12 of the CGT summary notes, when submitting a tax return on-line? Thank you. TP (PS. Please ignore the repeat of my initial query posted earlier today )
Posted Mon, 23 Sep 2024 08:24:45 GMT by HMRC Admin 21 Response
Hi,
You need to attach it as a pdf document.
Thank you.

You must be signed in to post in this forum.