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How and when capital gains?

wierddumpling · 2013-03-01 20:29:06

Hello everyone, sorry if this has been asked before but how and when do you pay CGT? Basically I've inherited half a property which today has had an offer 25k over probate value (not quite excepted yet as there are 4 people bidding and you know what estate agents are like) My understanding is that we each can have £10,600…

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nige123 Posts: 19 Forumite

9 August 2013 at 11:53PM

For the purposes of splitting CGT liability, does it make any difference whether a house is specifically left to a named set of beneficiaries, or simply forms part of the residue?

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How and when capital gains?

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