V.Gar66
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RE: CGT on family property gifted to me abroad
Hi If I have sold a property abroad in November of 2024, as a UK resident, how long do I have to declare it and where do I declare. -
RE: CGT on family property gifted to me abroad
Hi, I am a UK resident and have sold a property abroad which was gifted to me. I am aware that the capital gain is calculated as the market value of the property on the date it was gifted to me vs the price I sold it for. Is a third party evaluation of the market value of the property on the date of gifting along with the notarial act of the sale sufficient for my tax returns? And if so, do they need to be translated to English as they are currently all in Bulgarian? Thank you.