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Posted Thu, 22 Aug 2024 18:14:30 GMT by Valerie
I am not sure where to put in my mortgage. I can work out on paper what cgt is due but at loss on where to include my mortgage. I tried saying a cost but that didnt seem right and didnt give me the right tax. I also subtracted mortgage from buying and selling price and that didnt work out either. Am i missing something? V
Posted Thu, 05 Sep 2024 11:27:13 GMT by HMRC Admin 19 Response
Hi,

Your mortgage is not an allowable cost for working out capital gains.

Thank you.

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