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Posted Tue, 06 Aug 2024 17:00:00 GMT by NB
When calculating CGT between original purchase price and sale price of a property can the amount of further secured advances on the property also be taken into account with the purchase price
Posted Mon, 12 Aug 2024 10:12:53 GMT by HMRC Admin 5 Response
Hi

What finances were used to acquire the property do not play a part in calculating capital gains tax.  It is the price you paid for it and what you disposed of it for that are important.

Thanks

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