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Deed of variation



Answer
Richard Taylor
Posted 7 months ago by Richard Taylor
Hello. I am selling a property which I obtained from my father after a variation to the will. Legal costs were incurred on the deed. Can I deduct these costs now when working out my tax?
Answer
HMRC Admin 33
Posted 7 months ago by HMRC Admin 33
Hi,
Yes, you can deduct legal fees when working out your capital gains tax. Please see the link below
Tax when you sell property: Work out your gain
Thank you.

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