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Posted Fri, 29 Sep 2023 09:33:33 GMT by
When completing the capital gains tax for residential property form online there is a question ' What was the market value of the property when you gave it away?' Do I answer this question with the market value of the proportion I gave away which was 50% or would I need to input the full market value of the residential property?
Posted Thu, 05 Oct 2023 08:05:23 GMT by HMRC Admin 25 Response
Hi ben-liz,
If you gave away only 50% of the property, the figure you should enter on the online form is 50% of the market value.  
Report and pay your Capital Gains Tax
Thank you. 

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