Hi,
Two questions:
1) Will I pay stamp duty on a PPR if I get it revalued upwards? (revalued amount less original cost)
2) I bought my PPR 9 years ago for €100,000. Paid stamp duty. I get the house revalued today at €150,000. Tomorrow, I move and subsequently then rent out the house. In 11 years, I sell the house for €200,000. Under today's rules, how much CGT would I pay?
Thanks in advance.
Two questions:
1) Will I pay stamp duty on a PPR if I get it revalued upwards? (revalued amount less original cost)
2) I bought my PPR 9 years ago for €100,000. Paid stamp duty. I get the house revalued today at €150,000. Tomorrow, I move and subsequently then rent out the house. In 11 years, I sell the house for €200,000. Under today's rules, how much CGT would I pay?
Thanks in advance.