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CGT on surrendering property

Hannibal_12 · 2020-09-14 14:19:40

Just wondering if anyone would know. If several properties were surrendered by the owner back to the mortgage provider - is capital gains tax payable in this circumstance?

14-09-2020 2:19pm

#1

Hannibal_12

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Just wondering if anyone would know. If several properties were surrendered by the owner back to the mortgage provider - is capital gains tax payable in this circumstance?

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#2 14-09-2020 10:45pm

davindub

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Hannibal_12 wrote: »

Just wondering if anyone would know. If several properties were surrendered by the owner back to the mortgage provider - is capital gains tax payable in this circumstance?

Hard to see a capital gain arising in this situation?

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