lonelyplanet
Registered User
- Messages
- 65
Posting on behalf of friend who has been offered 20K for approx 1m strip of land at side of house in housing estate to facilitate the construction of more houses in the estate....
Question: Will they be liable for CGT on the 20K and if so how much ??
Could they request developer to build extension instead of giving them 20K and if they went this route would they still be liable for CGT?
Thanks
Question: Will they be liable for CGT on the 20K and if so how much ??
Could they request developer to build extension instead of giving them 20K and if they went this route would they still be liable for CGT?
Thanks