casperjack
Registered User
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There's no CGT as it's his home. He does not need to do anything in relation to the sale and purchase.Your profit comes under the heading of Capital Gains Tax which requires a separate return
There's no CGT as it's his home. He does not need to do anything in relation to the sale and purchase.
I'm sure the online form just requires your income, your tax paid, both of which will be on your P60.
It appears you received the Form 12 request because you declared maintenance income on your WFP form. In certain cases maintenance income can be taxable.but have no other income other than maintenance from my ex partner which I declare on my wfp form every year
Are you sure that this is so? I had understood that the sale of a PPR must be returned on a tax return in order for the PPR exemption to be claimed?
What if you're supposed to do so and you don't.
They'll know alright that you sold the property. Will they automatically know that you used it exclusively as your PPR throughout the time you owned it?The tax office already know because the solicitor must inform the tax office, hence the reason for asking for my PPSI number. I think he fills in a special form
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