CGT

JGB1955

Nickyno said:

So would the CGT be

£131,000 (sale price) - £120,000 (probate net value) = £11,000 (capital gain)

£11,000 less EA £1680 - solicitor £726= £8594 - £3000=£5594 ÷100 = £55.94 x 24

CGT Payable   £1342.56

Nickyno

Thankyou,  missed calculated.  So who would we pay the CTG to and when?

poseidon1

Nickyno said:

Thankyou,  missed calculated.  So who would we pay the CTG to and when?

With all due respect to your efforts in this matter, I would suggest the beneficiaries in the first instance seek guidance on the CGT compliance matter from the solicitor handling the property sale.