Hi, I am selling a house I inherited from parents x 6 years ago.
My reckoning is that Capital gains tax is roughly 55, 000.00 plus. total fixed price not agreed.
I know I can deduct for enhancements and improvements done to the house since I inherited it.
I think there is a personal allowance fee allowed
My query is
can I deduct the solicitors fees, and estate agents fees, and engineers feels (all substantial ) from this amount?
Many thanks in advance.
My reckoning is that Capital gains tax is roughly 55, 000.00 plus. total fixed price not agreed.
I know I can deduct for enhancements and improvements done to the house since I inherited it.
I think there is a personal allowance fee allowed
My query is
can I deduct the solicitors fees, and estate agents fees, and engineers feels (all substantial ) from this amount?
Many thanks in advance.