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IHT and CGT

2 replies

Ponyofdoom · 02/06/2012 13:34

Does anyone know, if you have paid IHT on an inherited property, do you have to pay CGT as well, if you sell it? If not, how long after paying IHT would any CGT kick in? Thanks for any pointers.

OP posts:
Corgito · 02/06/2012 13:59

It's all in this section of the HMRC website entitled 'Tax when you inherit money, assets or property'. There's a part about taxation when you inherit and dispose of a second property

Ponyofdoom · 02/06/2012 14:46

Great thank you very much!

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