I might be being stupid here, but I can't find the info on google, so wondering if someone on here might know?
I inherited a small property a few years ago and have decided to sell.
As the property was part of a larger 'estate' I paid some IHT on the property and have been paying HMRC in instalments over 10 years.
I understand when I dispose of the property I have to pay the proportion of the IHT that is due.
The thing I don't understand is when I submit my capital gains calculation, do I deduct the IHT from the capital gain?