OddSocks
Joined: 11/14/2024
-
RE: CGT on sale of foreign property
WarningThis post is currently being moderated and will be visible when it has been approved by a HMRC moderator. -
RE: CGT on sale of foreign property
Additionally the property was in a poor state of repair when purchased, replacing the roof, kitchen and bathroom increased the value considerably. Do these elements factor in to the amount of CGT which is due? -
CGT on sale of foreign property
Hi, My friend is a Hungarian national who has settled status in the UK. They have owned a property out there for the last 20 years which was they're home until moving to the UK around 2010 and her dad continued to live there until he passed away recently. The house has now been sold does my friend need to declare this and pay CGT on the increase in the houses value? Thanks in advance