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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
Posted Thu, 17 Aug 2023 16:58:21 GMT by HMRC Admin 25
Hi martinizme,
Yes, this will be allowable as this will have increased the value.
Thank you. 
 

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