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Sorry based on my earlier above question, which you kindly answered.
When my mother in law died, the original house valuation was for £290k, but the house actually sold for 315k.
Does this mean that the C.G.T. is £25k - Minus £11,500 allowance @ 28% = £4000 due.
Please are my calculations correct?
Also when would this amount be due to be paid and I presume the balance of the estate can be distributed now?