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CGT

This topic has 1 reply, 2 voices, and was last updated 7 years ago by Tax Tutor.

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August 17, 2017 at 10:13 am #402179
sxhawty
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- Topics: 56
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Hi sir, in CGT 2nd video, example 1, why did we put the vase in the residential property coloumn? and isn’t an antique an exempt asset?
August 17, 2017 at 10:54 am #402192
Tax Tutor
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If I have the correct example to which you refer – there is NO residential property, it is a commercial property and antiques are NOT exempt UNLESS they qualify as exempt chattels ie both bought and sold for less than £6,000
Hope this clarifies
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