CGT and allowable allowances.

My Fathers Will, written in 2009, left the property to myself, my brother and my Mother. (Myself and my brother have not lived in the property for many years). My Mother was to be allowed to live in the property until her death. My Father died in 2014 and my Mother subsequently lived in the property until quite recently. She has now moved into residential care. The property has now been sold. CGT will be payable, but are there any allowances for repairs that can be offset against any capital gain? Can estate agents fees and the solicitors fees be offset against any gain? The windows had to be replaced to more modern double glazing around 6 years ago. Can the cost of these be offset ? And a new gas boiler had to be purchased a couple of years ago as the previous one had to be condemned . Thanks .

Hi Shutittrev,
Please find guidance at:
Capital Gains Tax: what you pay it on, rates and allowances.
You may also find this tutorial useful: 
What allowable expenditure can I claim against Capital Gains Tax?
Thank you.

Thanks for the response. In terms of calculating the gain, would I need to have 2 calculations? Would I take the value of the house in 2009 (when my Father added myself and my brother as well as my Mother as owners of the house, therefore 4 owners owning 25 percent each) and then when my Father passed away in 2014, would a further valuation of the house be required as my Fathers 25 percent ownership passed equally to myself and my Brother adding 12.5 percent to our 25 percent stakes in the house, so making my stake 37.5 percent ownership. The house has just been sold. (2024). I suppose my question is from what date do I start calculating the gain? Do I need the value of the property in 2009 and a further valuation in 2014 when my Father died. I already have the selling price. Thanks.

Hi,
This forum is for general queries only and is intended to help you self-serve. We are unable to provide specific advice tailored to individual circumstances. 
You may wish to contact our Self Assesment team for advice:
Self Assessment: general enquiries
Alternatively, you may consider seeking professional advice. 
Thank you.

  

This is a general query. All I am asking for is from when I start the calculation. From 2009 or 2014, or do I use both dates with different calculations. I would have thought this would come under the category of disposing of an asset and what dates to use. HMRC what accurate and prompt payments and when advice is asked for, the response is not helpful.

Hi,
You will need a valuation on your 25% share in 2009 and again for the additoinal share received in 2014.
Thank you.