capital gains tax query

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24 Jul 2017 00:10 by nuflow7 Star rating in Solihull/Vera Playa. 138 posts Send private message

We are having to return to the UK and selling our main residence (villa) here in Spain along with a small apartment.

Due to property price changes we will lose at least €90,000 on the apartment purchased in 2005, but will have a capital gain on approx €50,000 on the villa purchased in 2013.

Does anyone know if we can submit our capital gains tax return and offset the loss on the apartment against the gain on the villa, or do we have to declare the info on both properties separately?

Many thanks





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24 Jul 2017 16:27 by Carbray_Lawyers Star rating in Spain. 7 posts Send private message

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This message was last edited by eos_moderators on 24/07/2017 17:16:00.

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