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tax on equity from re mortgage
milo909
Posts: 9 Forumite
in Cutting tax
Hi folks, I was wondering if I would have to pay tax on the equity raised by re mortgaging a buy to let flat? I have the money already but am unsure if I need to declare it, thanks in advance, milo.
0
Comments
-
No
unless you sell (or dispose ) of the property there is no CGT liability0 -
Thanks CLAPTON for the quick response and information, milo.0
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