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Where Taxpayers and Advisers Meet

Capital gains on gifted property with building plots

Allenby2020
Posts:3
Joined:Mon Nov 16, 2020 5:24 pm
Capital gains on gifted property with building plots

Postby Allenby2020 » Mon Nov 16, 2020 5:32 pm

Hi, I was just after a bit of advise, I have been gifted a property that is now my main residence, the house has a large back garden which you could turn into about 3 building plots. I want to keep this for a few years then move somewhere different, what will be the tax once it’s sold with planning permission?

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