Skip to main content

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

Working out percentage

Christina28
Posted Wed, 05 Jun 2024 12:43:19 GMT by Christina28
Hello, I am selling my house made up of for flats, one in which I have lived in the whole time. How can I work out the percentage? Could it be based on the value of each flat if I get them valued separately by an estate agents? Thank you
HMRC Admin 10 Response
Posted Fri, 07 Jun 2024 12:28:27 GMT by HMRC Admin 10 Response
Hi
Yes but you would also need a separate value for each flat at the time of purchase.
Christina28
Posted Sun, 09 Jun 2024 16:24:28 GMT by Christina28
Ok. I purchased the 4 flats all together for one price. So I take it I cannot work out the percentages based on the value of the flats. Is this correct? Thank you
HMRC Admin 20 Response
Posted Thu, 13 Jun 2024 09:27:19 GMT by HMRC Admin 20 Response
Hi,
That is correct. you would now need to base it on size.
Thank you.

You must be signed in to post in this forum.