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Stephen Davidson

Stephen Davidson

Joined: 5/27/2024

  • Reporting Property Sale (No CGT Due)

    Mon, 27 May 2024 15:49:38 GMT – Reporting Property Sale (No CGT Due)
    We are in the process of signing over a property to our daughter which we purchased for her to live in 2 years ago. Do we need to report this even though there is no CGT liability (property has not increased in value)? We live in Scotland, are UK tax payers, and this property was additional to our main home.