M Markove Registered User Messages 157 28 Oct 2020 #1 Hello. Is there a Capital Gains Tax liability on the sale of a property - the principle private residence of the owner - where there is a gain of 18,500 euro between the purchase and selling prices?
Hello. Is there a Capital Gains Tax liability on the sale of a property - the principle private residence of the owner - where there is a gain of 18,500 euro between the purchase and selling prices?
G Gordon Gekko Registered User Messages 7,936 28 Oct 2020 #2 No, there isn’t. PPR Relief exempts any gain on one’s home, save for a few very limited circumstances (e.g. sold at a premium for development). If a property wasn’t always someone’s home, there’s time apportionment.
No, there isn’t. PPR Relief exempts any gain on one’s home, save for a few very limited circumstances (e.g. sold at a premium for development). If a property wasn’t always someone’s home, there’s time apportionment.
M Markove Registered User Messages 157 28 Oct 2020 #3 Gordon Gekko said: No, there isn’t. PPR Relief exempts any gain on one’s home, save for a few very limited circumstances (e.g. sold at a premium for development). If a property wasn’t always someone’s home, there’s time apportionment. Click to expand... Thank you.
Gordon Gekko said: No, there isn’t. PPR Relief exempts any gain on one’s home, save for a few very limited circumstances (e.g. sold at a premium for development). If a property wasn’t always someone’s home, there’s time apportionment. Click to expand... Thank you.