How much CGT will I pay?

[butterfield]

Just wondering if I am working this out right for CGT

House inherited 1990
Market value at time approx = E57,000
Using multiplier X 1.503 = E85,671

Also allowable I think E1270 - married so x 2 = 2540
and cost of sale etc can be deducted say =5000

So assuming house is sold for 275,000
then I deduct the above 93,211
so CGT payable on 181,789

I this about right ??

 

[dereko1969]

Did you never live in the house? If it was your PPR then you can discount some of the years.

 

[DB74]

Also unless the house is actually in both names only one of the €1,270 exemptions will be allowed