You've answered your own question, I think?On the revenue website it says calculate on market value for year acquired. Which figure do I use for CGT. ?
Did you pay stamp duty on the price? Or on the market value?
It should have been on market value.
mf
Thanks reply and I'm still not sure as I did ring revenue and they said purchase price - though person I was talking to did seem unsure. Therefore I'm just looking for a definite answer from someone who understands this tax ?
You will have to check the papers from 1987 to see what value was used for the property transaction
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