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Posted Thu, 21 Mar 2024 20:22:47 GMT by alphaomega
As part of a divorce settlement 10 years ago I loaned my ex-wife a lump sum to help her purchase her new home the loan being secured by a charge on the property. The amount when repaid to me will be a % of the new value. What is the tax treatment of the gain in value?
Posted Tue, 26 Mar 2024 11:12:10 GMT by HMRC Admin 8 Response
Hi,
Provided the lump sum was in pounds sterling, the sum you receive, minus the original lump sum will be taxable as interest and not capital gains.
Thank you.

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