Augustminx
Joined: 12/18/2024
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Calculating CGT on sale of jointly owned property when spouse dies 20 years abo
How is CGT calculated on a property that has been sold. Property was purchased jointly in 2002 for £175k. Wife died in 2004 and property valued £340k in 2005 for probate. Wife's share of property transferred to husband. How is "purchase" value of property calculated please?