If you go to “search” under forums on this website and put in the keywords such as CGT etc, you will find a lot of useful information on this topic. It has been discussed quite intensively before and there is some very good information on this site. There is a post by Julia from Bantacs which i feel is extremely useful
Cheers
Jairus[biggrin]
We have been spent hours looking into this issue and consulted with accountants and are now thinking that perhaps our houses are considering trading stock ID 2004/25. If this is the case then CGT is not relevant to our situation.
However, i would suggest that if this is true that people wrapping are very careful that their houses fulfill the…[Read more]