Individual purhased property jointly with partner. Some years later he bought his partner's share. He now wishes to sell the property. Is the whole of the buyout cost simply added to the acquisition cost when computing CGT - as if it is an enhancement. Or should 2 separate CGT computations be made for the 2 'bits' of the property?
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Edited
Computationally I have always approached these as two seperate sales, treating the first share separately to the second share.
For PPR relief this might be useful
https://www.gov.uk/hmrc-internal-manuals/capital-gains-manual/cg64930