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Capital gains tax when selling house as part of estate

Hector66
Posts: 16 Forumite

Hi there.
I'm the executor for a relative who passed away last year. I've recently sold their house as part of the administration of the estate, and there is capital gains tax to pay on the sale. When deducting legal costs and estate agent's costs from the capital gain, does anyone know whether I can also deduct the VAT which the solicitor and estate agent charged? And if so, has anyone found confirmation of this in any of HMRC's guidance, as I've failed to locate anything.
Many thanks.
I'm the executor for a relative who passed away last year. I've recently sold their house as part of the administration of the estate, and there is capital gains tax to pay on the sale. When deducting legal costs and estate agent's costs from the capital gain, does anyone know whether I can also deduct the VAT which the solicitor and estate agent charged? And if so, has anyone found confirmation of this in any of HMRC's guidance, as I've failed to locate anything.
Many thanks.
0
Comments
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Yes VAT charged is a deductible expense.0
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