im malaysian bought land in uk for 20000 so do i need to pay tax now and later i sell it at 150000 do i paytax

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im malaysian bought land in uk for 20000 so do i need to pay tax now and later i sell it at 150000 do i paytax

2007-03-23 18:14:27 · 4 answers · asked by azman_anna 1 in Business & Finance ➔ Taxes ➔ United Kingdom

4 answers

If you sell it later you could be liable to Capital Gains tax.

2007-03-23 20:13:57 · answer #1 · answered by ANON 4 · 0⤊ 0⤋

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2007-03-24 01:24:00 · answer #2 · answered by Anonymous · 0⤊ 0⤋

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2007-03-24 01:19:59 · answer #3 · answered by Anonymous · 0⤊ 0⤋

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2007-03-24 01:17:25 · answer #4 · answered by Anonymous · 0⤊ 0⤋