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Capital gains tax on sale of overseas property

Answer
Aly Sage
Posted Wed, 09 Oct 2024 13:08:52 GMT by Aly Sage
I owned a property jointly with my husband in turkey. We are both uk tax payers. We sold the property last week and want to know if we need to declare this and is there any tax to be paid
Answer
HMRC Admin 20 Response
Posted Fri, 18 Oct 2024 09:08:45 GMT by HMRC Admin 20 Response
Hi,
Yes. 
Please see - Capital Gains Tax: what you pay it on, rates and allowances
Thank you.

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