Q&A

Answer a question




09 January 2013

Paying tax on selling my smallholding.

I plan on selling my 13 acre smallholding, valued at £600.000, i dont run a bussines from it and have made money on it from buying it 17 years ago. I have been told by an accountant that i will have to pay tax on the land when i sell it {around £50-£60 K} if this is true i can not afford to move to the new place i want, Any advice Thankyou.

  • REPORT This comment has been reported.

4 Answers

Answers


Be the first to comment

Do you want to comment on this article? You need to be signed in for this feature

Similar Questions


  • {{ question.title }}

    {{ question.authorName }} On

    {{ question.answerCount }} Answers

Copyright © lovemoney.com All rights reserved.