Capital Gains tax

Debra
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Re: Capital Gains tax

Post by Debra » Sat Aug 11, 2018 12:33 am

For France - don't forget that the purchase price is calculated using the exchange rate the day you bought it and the sale price using the exchange rate on the day you sold it so this can mean you can profit in pounds but lose in euros, depending on when you bought it.

lindal1000
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Re: Capital Gains tax

Post by lindal1000 » Sat Aug 11, 2018 7:51 am

Debra wrote:
Sat Aug 11, 2018 12:31 am
Don't forget about the £40k letting allowance if you've had it let.
Is that in the UK or France. I never saw that option on the UK calculation sheet.

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Andy72
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Re: Capital Gains tax

Post by Andy72 » Sat Aug 11, 2018 8:22 am

Don’t walk away in silence.

lindal1000
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Re: Capital Gains tax

Post by lindal1000 » Sat Aug 11, 2018 1:50 pm

Andy72 wrote:
Sat Aug 11, 2018 8:22 am
Linda

It’s UK, details here

https://www.gov.uk/tax-sell-home/let-out-part-of-home
Thanks..I,'ll try and get my head round it, but it seems to be a complicated by the fact that I am not UK tax resident.

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