Wonder if it's possible to get payment for the properties in Bitcoin, obviously a risk in the exchange rate, but hard for HMRC to track and therefore tax
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Capital Gains Tax
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Originally posted by Troll View PostWonder if it's possible to get payment for the properties in Bitcoin, obviously a risk in the exchange rate, but hard for HMRC to track and therefore taxComment
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Im facing the prospect of having to pay CGT upon the sale of my family home which my sister has had the pleasure of living in with her hubby, because I vacated when they got married two years ago. Because I haven't been living there and opted to rent and didn't wish to put up with newly married "noises".
Now that's a proper ring stinger - those dumping BTL's they have profited off the back of - at least you profited in the first place!Comment
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Originally posted by mattfx View PostIm facing the prospect of having to pay CGT upon the sale of my family home which my sister has had the pleasure of living in with her hubby, because I vacated when they got married two years ago. Because I haven't been living there and opted to rent and didn't wish to put up with newly married "noises".
Now that's a proper ring stinger - those dumping BTL's they have profited off the back of - at least you profited in the first place!
You flip your home and then sell it just like all those MP's that were permitted to do so.Comment
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