Skip to main content

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

Posted Tue, 30 Apr 2024 16:27:30 GMT by Landlord Question
Good afternoon, I have recently exchanged contracts on a property on which capital gains tax will be due. After reviewing my records and contacting the solicitor who acting on the purchase I have been unable to retrieve a copy of the completion statement from the purchase which was in August 2011. My question is, for the purposes of working out the CGT I need to pay, is it acceptable to calculate the amount of stamp duty I would have paid on the purchase in 2011 by applying the stamp duty rates in force at the time to the purchase price and to then use this amount as an allowable cost for the CGT calculation? Many thanks in advance if it is possible to confirm this
Posted Tue, 07 May 2024 14:00:10 GMT by HMRC Admin 19
Hi,

No, as evidence is required to support any expenses involved.

Thank you.

You must be signed in to post in this forum.