Is there a limit to how much you can earn after age 70?

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Is there a limit to how much you can earn after age 70?

If I sell property, do I have to pay tax on it?

2006-10-17 03:22:41 · 2 answers · asked by hoobilly 1 in Politics & Government ➔ Law & Ethics

2 answers

Some property sales (homes you have lived in) are not taxable for people of any age.

2006-10-17 03:31:42 · answer #1 · answered by SPLATT 7 · 1⤊ 0⤋

u can earn what u like but obviously if u go over yr threshold u will pay tax on it. Not sure what the ceiling figure on property is but i have a feeling its something like Â£250,000 but ask an accountant.

2006-10-17 03:32:25 · answer #2 · answered by english_rose10 3 · 0⤊ 0⤋