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by Needgoodnews
05 Aug 2023 21:20
Forum: General Property Questions
Topic: Gifts & UK tax
Replies: 1
Views: 4710

Gifts & UK tax

Good evening folks

Hoping for some good news 🤞

I was gifted our family home in Cyprus just over 12 years ago in Paphos and am trying to find out the implications of being a UK tax resident (own a home here) and CGT and how it works when a property was gifted.

I am a higher rate tax payer in the ...