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Clare
Clare, Solicitor
Category: Law
Satisfied Customers: 34105
Experience:  I have been a solicitor in High Street Practice since 1985 with a wide general experience.
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An order in 1998 where district judge waller ordered my ex

Resolved Question:

An order in 1998 where district judge waller ordered my ex husband to pay cgt on sale of property is it still valid in 2015 and how long will it stay valid for?

Submitted: 2 years ago.
Category: Law
Expert:  Clare replied 2 years ago.
Hi
Thank you for your question.
My name is Clare
I will do my best to help you but I need some further information first.
What was the reason for the delay?
Clare
Customer: replied 2 years ago.

no reason other than i haven't yet sold the property.

Expert:  Clare replied 2 years ago.
Hi
When did the Order say the sale had to happen?
Clare
Customer: replied 2 years ago.

it says, and i quote, and upon the petitioner undertaking to the court to pay and indemnify the respondent as to any liability for capital gains tax or any income tax payable on accrued income, or any other tax or duties payable under english or swiss law for the period up to 31st jan 1999 or any other expenses whatsoever which arise as a result of the implementation of the terms, of this order including any costs taxes or duties in relation to the transfer of the swiss property. We bought the flat in 1987 it was awarded to me, i want to sell it in the near future and my husband has to pay the CGT up to 1999. It being 2015 does this order dated 1998 still stand.

Expert:  Clare replied 2 years ago.
Hi
Thank you
The Order is indeed still valid and enforceable - and when the property is sold the CGT must be divided into pre 31.1.99 and post that date
I hope that this is of assistance - please ask if you need further details
Clare
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