Roll over relief
Hi,
A question about roll over relief
My mother gifted me a property. The property was transferred in my name. I sold the property at profit and the proceeds were given to my personal trading company as a loan . The company then bought another property using the loan which is used in my company as the nature of the company is dealing with land & property development and renting property.
Can i claim roll over relief somehow? If not, then how should the disposal and new investment should have been initiated?
Regards
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Group: Sole traders/self employed business forum
A place to discuss all matters affecting sole traders and self employed workers, such as registering for SE, dealing with HMRC, and issues surrounding
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