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Capital gains tax
ashleyjwh
Posts: 8 Forumite
Hi
Iam buying next door to knock through and we have got,second home, 7k capital gains tax bill can I claim some back when we knock through?
Iam buying next door to knock through and we have got,second home, 7k capital gains tax bill can I claim some back when we knock through?
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Comments
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Do you really mean CGT or are you thinking of Stamp Duty ?CGT potentially applies when you sell a property, SDLT when you buy.0
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And if you are talking about SDLT, the answer is no.0
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Why are you doing this ?
Have you considered the costs involved ?
Never mind the extra stamp duty.
You could end up spending a lot of money to devalue both houses.0 -
Sorry yes stamp duty my mistake .Also it is not value iam worried about but staying in a great place and space
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