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Valuation for CGT Calculation

weshtawake · 2024-07-19 15:32:05

I am selling a non PPR property which has never been let. The sale price has been agreed at €300,000. Because the purchaser intends letting it asap he wants the sale price to include all the contents - beds, tables, chairs, white goods etc. and that suits me also. We have agreed a valuation of €7500 for the contents and…

19-07-2024 3:32pm

#1

weshtawake

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I am selling a non PPR property which has never been let. The sale price has been agreed at €300,000. Because the purchaser intends
letting it asap he wants the sale price to include all the contents - beds, tables, chairs, white goods etc. and that suits me also.
We have agreed a valuation of €7500 for the contents and that is included in the Sale Price of €300,000
My question relates to the Sale price for the CGT calculation is it €300,000 or €292,500

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Comments

#2 21-07-2024 6:57pm

Geuze

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What does your sol say?
I'd say the house is worth 292,500, and it's the house that is subject to CGT, so use the 292,500 value.

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