Property Investment/Development - CGT/Income Tax?

[Zeemax_Mini]

The initial message was deleted from this topic on 24 May 2013 at 19:41

[98elise]

If you do owe any tax it will be CGT, not income tax. AFAIK your main residence is free from CGT, but you need the advice of an accountant, not a fat bloke from IT (me)....I predict one will be along soon

[Zeemax_Mini]

Haha cheers mate - just not sure it's that simple if it's deemed to be a business!

Dom

[sumo69]

This is a tricky one.

I will PM you to establish some further info which may be best removed from the public thread.

David

[z4chris99]

am a property developer, both personally and for work, happy to help but you deleted the OP