pijin
Joined: 9/4/2024
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Allowable professional service costs on sale of a foreign property.
A recent HMRC response indicated that for CGT, "remuneration paid for the professional services of any surveyor, valuer, auctioneer, accountant, agent or legal adviser are allowable." can be claimed. On the sale of our foreign property we had to pay 1500 euros for a mandatory fiscal represenative to be appointed. This representative was required to calculate taxes and other costs applicable to the sale. Would the represenative fit into one of the categories in the statement above and is this cost deductable as it is for the sale, not the purchase?