Cody0424
-
CGT for selling a inherited overseas property
Hi , my relative died on oct 2021 in hong kong, and inherited a property for me and i receive it around beginning of 2023 , i am a uk tax residence since mid of 2023. if i want to sold it , may i know how to caculate the CGT? Is it also the sold price- the price of the property when my relative died= the capital gain Because hong kong probate do not have the property value when my relative died. so what kind of document can be accepted to prove the value? Thank you very much