we have a commercial lease on a property which is also our home and only residence.
We previously operated as a guest house until 2 years ago, we ceased trading due to disability of my partner.
We have found prospective purchasers for the lease and wish to purchase the freehold of a house with the proceeds.
Will we be liable to pay cgt on the lease as we are selling for more than we paid?
TaxationWeb Limited (Registered in England No. 4571386), 6 Coleby Avenue, Peel Hall, Manchester, M22 5HH, United Kingdom
Information which you supply whilst using this website may be held in our computer records and may be used to send you information which we think might be of interest to you. If you do not want your information to be used for such purposes please write to us at: 6 Coleby Avenue, Peel Hall, Manchester M22 5HH, UK, or email us
Website by Dorifor Internet Marketing | Powered by phpBB
Dorifor Tax Group - our portfolio of tax sites:
