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Question from an individual in SO19

Created on
Mon 01 July 2013 11:15am
Region
SO19
Type
Individual
Hi
i wonder if you can help me I am in need of some advice, i have to get confirmed from an accountant what or if capital gains would be payable and how much? i think its 19% - 22% but i have no idea why i think this.
The situation is i am going through a financial settlement and i have two properties, one property that i live in at the moment ( martial home value 100K) and another that i was given as a gift in 1999 by my parents. I’m not sure if the courts made me sell the gifted property would i be liable to pay any capital gains as i have not lived in the property. Its current value 110K but about 70/80 when it was given to me still inhabitable as i was renovating it slowly.

it would be best to contact me via email as at work i have no signal on my mobile.
Kind regards
Charlette Mitchell
07849 388 069
charlette87@hotmail.co.uk

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