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CGT
Comments
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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 24CGT Payable £1342.56#2 Saving for Christmas 2024 - £1 a day challenge. £325 of £3660
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Thankyou, missed calculated. So who would we pay the CTG to and when?0
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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.Nickyno said:Thankyou, missed calculated. So who would we pay the CTG to and when?0
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