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CGT on inherited property

Posted Sun, 29 Oct 2023 15:39:18 GMT by
What are the tax implications if I buy a property to renovate with my son for him to live in and eventually inherit after my death?
HMRC Admin 17 Response
Posted Tue, 31 Oct 2023 15:03:45 GMT by HMRC Admin 17 Response

Hi ,
 
HMRC cannot comment on future events.

Current guidleines is the property would be part of your estate to be considered at that point for any potential inheritance tax .

Thank you .
Posted Tue, 31 Oct 2023 16:07:05 GMT by
Thank you for your reply.

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