My dad bought it from the developer he bought his home off but they are on separate deedsQ My father is thinking of giving me the parking space he owns near his home but wants to know if capital gains tax has to be paid.Although it was bought in the same year as his home – and from the same developer – it was optional and there is one deed for the property and one deed for the parking space. Continue reading…
Source : theguardian.com
Read more…My father wants to give me his parking space. Would I owe capital gains tax?
