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Hello, I am Keith, one of the experts on Just Answer, and pleased to be able to help you with your question.
Was this property sold out of the estate or by you as owner?
Unless it was your sole or main domestic residence then it falls to you to declare any capital gain made to HMRC and pay any Capital Gains tax (CGT due. You have a non cumulative Annual Exempt Amount (AEA), currently 11.1K to offset the gain. I assume that you did not live in this residence or let it out.
Were the gain 10K as you suggest than this would be covered by your AEA and there would be no CGT to pay. I suggest that you refuse to pay the solicitor's bill and seek guidance from another professional with a better grasp of CGT than is currently being displayed. Were, of course, there be 10K over the AEA then you would have to pay tax on that amount which would be levied at 18% or 28% or a combination of the two rates depending upon your income including the gain in the tax year of disposal.
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