Skip to main content

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

Posted Fri, 10 Jan 2025 10:54:52 GMT by phil_the
I have recently sold one rental property and purchased another. I have some PRR but will still be a hefty CGT bill to pay. I am wondering if I can claim the solicitors fees and stamp duty on the purchase of the new property as a capital loss this year in order to reduce the overall CGT to pay now? Obviously, I realise I would not then be able to claim this back in the future if/when the new property might be sold.
Posted Fri, 24 Jan 2025 09:54:39 GMT by HMRC Admin 25 Response
Hi phil,
Sorry no, you can only claim expenses in relation to the property that you sold when working out any gain.
Thank you. 

 

You must be signed in to post in this forum.