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Hello, I am one of the experts on Jut Answer and pleased to be able to help you with your question.
There will indeed be a CGT liability, but there is insufficient data for me to be able to help. What was the value of the flat on his decease, please?
Yes, you are, but the computation is complex and I am working on it.
I make your gain 20K, now deduct your non-cumulative Annual Exempt Amount (AEA) of 11.7K leaves 8.3K exposed to CGT at 18% or 28% or a combination of the two rates depending on your income including the gain in the tax year of disposal. A worst case scenario would be a CGT bill of a tad under 2.5K.
You just need to enter the gain on your return. In any event the Stamp Duty, or rather its regional equivalent, will eliminate any gain for CGT purposes so there will be nothing to declare anyway. On your return emulate Brer Fox, 'For he lay low and say nuffin!'
Well done, thank you for your support.