Donate SIGN UP
Home > Business & Finance > Personal Finance > Selling a house

Selling a house

Avatar Image
jamesbean123 | 10:22 Sat 16th May 2009 | Personal Finance
1 Answers
When you sell your current property, what taxes do you have to pay to the goverment. The property value is around �300,000. Thanks
prev Pension Credit-How much savings are you allowed?
  
next bad debt
Gravatar

Answers

Only 1 answerrss feed

Best Answer

No best answer has yet been selected by jamesbean123. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
Avatar Image factor-fiction
If it's your only property then you don't pay any taxes- it's the purchaser who has to pay stamp duty. But if you have several properties you may be liable for capital gains tax.
10:39 Sat 16th May 2009

Only 1 answerrss feed

Do you know the answer?

Selling a house

Answer Question >>