C
ct130506
Guest
Hi,
I have a query re Capital Gains Tax.
I am currently building a house which I intend to sell shortly after completion. I have heard that if I've lived in the house for six months prior to selling I won't have to pay CGT, otherwise I will. Is this the case?
Also, how is it determined when I've started to live there? Is it from when the ESB is connected? Or first bill?
Thanks in advance for any replies.
I have a query re Capital Gains Tax.
I am currently building a house which I intend to sell shortly after completion. I have heard that if I've lived in the house for six months prior to selling I won't have to pay CGT, otherwise I will. Is this the case?
Also, how is it determined when I've started to live there? Is it from when the ESB is connected? Or first bill?
Thanks in advance for any replies.