Jaymac. Joint ownership CGT liability

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

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    Jaymac
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    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

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