Skip to main content

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

CGT .. query about buying the freehold on my second home

martinizme
Posted Sat, 12 Aug 2023 18:11:22 GMT by martinizme
I am selling my second home -and need to work out what CGT I should pay. I bought the freehold to the property - does this count as an allowable expense as part of the house purchase price?
HMRC Admin 25 Response
Posted Thu, 17 Aug 2023 16:58:21 GMT by HMRC Admin 25 Response
Hi martinizme,
Yes, this will be allowable as this will have increased the value.
Thank you. 
 

You must be signed in to post in this forum.