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Capital gains tax on property sold abroad

Savedotmoney
Savedotmoney Posts: 145
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edited 6 November 2023 at 5:59PM in House buying, renting & selling
Good evening all. I have had a quote to do my self-assessment tax return for me on a property sold abroad and they are quoting about £500. I was wondering whether it's actually that hard to submit it all myself? Anyone have experience doing it as a one off? 

Thanks.

Comments

  • mebu60
    mebu60 Posts: 798
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    SA is pretty straightforward if you have all the figures. You can look up what is allowable against the capital gain if you don't already know.
    Why not start on the DIY route. You can pay for expensive assistance in the event that you struggle. 
  • mebu60 said:
    SA is pretty straightforward if you have all the figures. You can look up what is allowable against the capital gain if you don't already know.
    Why not start on the DIY route. You can pay for expensive assistance in the event that you struggle. 
    I'll try to see how we get on. I need to have a proper read of what is allowable. What exchange rate would I use for the calculation? 
  • sheramber
    sheramber Posts: 18,617
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    You might get more help on the Cutting Tax forum.
  • I think you need to find out whether the UK has a tax treaty with this country and if there is anything in it about property.
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