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Posted Tue, 12 Sep 2023 09:47:58 GMT by
Would appreciate some help from the admin team. Bought a property in my name as the company wasn't able to get a mortgage. The plan is to eventually transfer into the company name. All revenue and costs have gone through the company. Upon selling the property the capital gains/losses will be disclosed under the personal name. Do I need to do anything further ?
Posted Tue, 12 Sep 2023 10:52:49 GMT by
one property in a joint name and other is under one name.
Posted Fri, 22 Sep 2023 09:56:29 GMT by HMRC Admin 25 Response
Hi Jake8899 net,
As you are the beneficial owner of the property then you will be liable for any Capital Gains Tax due.
Report and pay your Capital Gains Tax:
What you need to do
Thank you, 
 

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