Plus valia tax
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i have just paid plus valia tax on 50% of the land revaluation following the death of my partner
if I now decide to sell will I pay tax on the remaining 50% or do I have to,pay the 100 % which means I shall be paying half the tax again
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Concerning your question, you will only have to pay the “plusvalia” tax on your share (50%) from the date you bought it until the date you sell it. You will also have to pay “plusvalia” tax on your partner’s share due to the sale, after a year since your partner’s deceased.
You must also know that some Councils have deductions the relatives of the taxpayer, so we do recommend you to check it.
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