16 Dec 2009 12:00 AM:

Hi

I wonder if anyone can help me or point me in the right direction.

A few years ago I inherited a property which I now need to sell but I´m trying to find out about capital gains tax and in particular what are allowable acquisition costs.

When I inherited the property I paid the following costs but I´´m not sure which costs can be claimed and knowing the tax payable is important in terms of agreeing sale price etc.

- Solicitor

- Notary

- Property registry fees

- Inheritance tax  + surcharge + interest

- Plusvalia

I know initially there is a 3% retention but then the rest of the tax has to be paid!

Also I´m  not using the same solicitor that handled the inheritance as he does not speak reasonable English so I am also looking for a recommendation for a solicitor in the Malaga area to handle the sale and CGT tax etc.

Thanks

JoJo

Thread: Capital gains tax - allowable acquisition costs

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