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Tax Questions Answered
Question I currently own an apartment in my own name. I originally lived in the apartment and then moved out and rented the apartment (qualifying for the main residence exemption). I now live overseas and am caught by the governments latest changes which remove my CGT benefits if I sell the property while a non-resident. …
Question I wrote to Noel Whittaker and he suggested that you might be someone who could assist us. My husband (84) and I (77) are planning to build a “Granny Flat” in our back garden which we intend to move into, as we feel we will need a level one storey villa as we become …
Question Dianne is the executor and beneficiary of Gary’s Will. Gary died on the 5 December 2018 leaving a residential property (“the property”) to Dianne. Dianne seeks advice in relation to the deceased’s estate’s potential liability for Capital Gains Tax following the proposed disposition of the property. The background to the use and ownership of …
Question My situation involves a granny flat interest and possible capital gains tax implications. In late 2017 my parents gave me 300k as a bank transfer for a deposit on a house with a granny flat attached. No legal documents were drawn up with reference to the transaction at the time and none have been …
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