Thread: Is CGT Applicable on plot in garden
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Old 22-08-2006, 08:30 AM
joseph joseph is offline
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Join Date: Aug 2006
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Default Is CGT Applicable on plot in garden
Hello,

I was wondering if anyone could please settle a query. I have obtained planning permission for a house on 0.22 of an acre of my garden. The rest of the site is 0.81 acre and contains my PPR. I had always assumed that the sale of the plot would be free of CGT. However my inspector states that this is not the case and CGT will be payable. Is he correct?

Many thanks.
Joseph
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