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Where Taxpayers and Advisers Meet

Selling House - Not main residence

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JasonButcher
Posts:39
Joined:Wed Aug 06, 2008 3:24 pm

Postby JasonButcher » Mon Nov 14, 2005 1:57 am

I have just seen an example in a text book and the probabte value is treated like an enchancment expenditure so Taper Relief would run from when the asset was first acquired. So the worse case I calculated orginially will now be £19,263.20.
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CDavey9501@aol.com
Posts:513
Joined:Wed Aug 06, 2008 3:13 pm

Postby CDavey9501@aol.com » Mon Nov 14, 2005 2:39 am

That looks about right - worst case.
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