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Posted Sun, 15 Sep 2024 15:18:26 GMT by jerrycan
In Spain 3% is deducted from the sale proceeds as a capital gains tax levy. Can I include this figure as an allowable cost to reduce my gain for HMRC CGT reporting or do I exclude it from my CGT calculations and claim back using foreign tax credit relief.
Posted Tue, 24 Sep 2024 12:13:50 GMT by HMRC Admin 32 Response
Hi,
You will claim it back as foreign tax credit relief if applicable.
Thank you.

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