Jaymac. Joint ownership CGT liability

Spanish Property Insight › Forums › Spanish Property Forums › Property Questions & Answers › Jaymac. Joint ownership CGT liability

This topic contains 0 replies, has 1 voice, and was last updated by  Jaymac 4 months, 2 weeks ago.

  • Author
    Posts
  • July 2, 2018 at 8:58 am #226743

    Jaymac
    Participant

    Hi,

    we bought at 96.000€. We are selling at 200.000€. Profit 104.000€. Is the tax liability split equally between us when calculating CGT, i.e. 52.000€ each? Are the allowance and expenses deducted before calculating? And is the 3% retention included in the final CGT payment?

    Grateful for any help on this matter.

    John and Mo

  • Author
    Posts

The forum ‘Property Questions & Answers’ is closed to new topics and replies.