JoeT

I'm struggling to calculate exactly what if any CGT I will have to pay on a property that was gifted to me overseas that I have now sold. Apparantly, the CGT value is based on the value of the property at the time of the transfer (when the property was gifted to me) and not the value of the original purchase price. Exactly how does one calculate this value?

My mother gifted me her share (50%) of a property she owned in Croatia. I have now sold that property with the other 50% owner. Do I now have to pay CGT on 50% of the total profit that was made when the property was sold?